If the NAIRU Is 8% and the Actual Unemployment Rate

question 76

Multiple Choice

If the NAIRU is 8% and the actual unemployment rate is 5%,

• A)there is no pressure on the AS curve to shift.
• B)there is a recessionary gap.
• C)demand forces put upward pressure on wages.
• D)the AS curve will shift downward.
• E)it will get stuck there permanently.

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Definitions:

GPU

Graphics Processing Unit, a specialized electronic circuit designed to rapidly manipulate and alter memory to accelerate the creation of images in a frame buffer intended for output to a display.

Reduced Power Consumption

Reduced power consumption entails using technology or methods that require lower energy levels to operate, leading to energy efficiency and cost savings.

Cache Memory

A small-sized type of volatile computer memory that provides high-speed data access to the processor and stores frequently used instructions and data.

Upgrade Processor

Upgrading a processor involves replacing the central processing unit in a computer with a newer, faster version to increase performance.