A Difficulty Faced by Policymakers Who Wish to Use the Unemployment

question 2

Multiple Choice

A difficulty faced by policymakers who wish to use the unemployment rate as a guide to whether the economy is weak or strong is that

• A)the natural rate of unemployment is hard to measure.
• B)the natural rate of unemployment almost never changes.
• C)policymakers must use data on output to tell whether the unemployment rate is too high or too low.
• D)the impact of policy on the economy is subject to long and variable lags.

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Definitions:

Segmentation

The process of dividing a market into distinct groups of buyers with different needs, characteristics, or behaviors.

Social Technographics Model

A classification approach that segments consumers based on how they use social technologies, from creators to spectators.

Discover

The process of finding or uncovering new information, places, or experiences, which can also refer to features within social media platforms that facilitate content exploration.

Explore

To investigate, study, or analyze something thoroughly with the intention of discovering more about it.