The Natural Rate of Unemployment Occurs If There Is No

question 68

Multiple Choice

The natural rate of unemployment occurs if there is no

• A) unemployment.
• B) frictional unemployment.
• C) structural unemployment.
• D) cyclical unemployment.

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Definitions:

Multiple Objective Trap

The difficulty in decision making when facing several objectives that may not be completely compatible with each other.

Base-Of-The Pyramid Markets

Economic strategies focused on providing goods and services to the widest and poorest population segments.

Benefit Corporations

A type of for-profit corporate entity, recognized in certain regions, that includes positive impact on society, workers, the community, and the environment in addition to profit as its legally defined goals.

Capabilities

The quality or state of being capable; it refers to an organization's or individual's potential or ability to achieve tasks or goals.