The Data Suggest That in the European Union Countries,the Natural

question 30

Multiple Choice

The data suggest that in the European Union countries,the natural rate of unemployment

• A)is now higher than in the U.S.
• B)is no longer a relevant concept.
• C)has steadily declined over the past two decades.
• D)will soon exceed the percentage of the labor force that is working.
• E) has become less "natural," since it is now almost entirely determined by the policies of a few large corporations.

---

Definitions:

Scatterplots

Graphs in which the values of two variables are plotted along two axes, the pattern of the resulting points revealing any correlation present.

Linear Model

A mathematical approach used in statistics to model the relationship between a scalar response and one or more explanatory variables.

Model

An abstract representation of a system or process, used to simulate and predict behavior or outcomes.

Applicable

Relevant or appropriate in a particular situation, condition, or context.