If the Unemployment Rate Is Below Its Natural Rate,then ________

question 24

Multiple Choice

If the unemployment rate is below its natural rate,then ________.

• A)output is below its potential level
• B)there is excess tightness in the labor market
• C)the AS curve will shift to the right
• D)all of the above
• E)none of the above

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Definitions:

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Financial Performance

A measure of how well a company can use assets from its primary mode of business and generate revenues.

Market Rates

The prevailing price or cost of goods, services, or commodities as determined by the marketplace.

Reliable Formula

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