Which of the Following Is Characteristic of the Natural Rate

question 168

Multiple Choice

Which of the following is characteristic of the natural rate of unemployment?

• A)It is a constant.
• B)It is the desirable rate of unemployment.
• C)It is a variable that cannot be altered by economic policy.
• D)It is the amount of unemployment that the economy normally experiences.

---

Definitions:

Voluntary Assumption

The act of willingly taking on duties, responsibilities, or liabilities, often without coercion or obligation.

Risk

The possibility of loss or damage arising from a specific action or event.

Defence

Legal arguments and evidence presented to counter a claim or accusation in a court of law.

Errors and Omissions

A type of professional liability insurance that protects companies and individuals against claims made by clients for inadequate work or negligent actions.