Suppose the NAIRU in April,2015 Is 7

question 105

Multiple Choice

Suppose the NAIRU in April,2015 is 7.2%.If the actual unemployment rate is 8.1%,then

• A)there is an inflationary gap.
• B)0.9 percentage points are due to cyclical factors.
• C)the sum of frictional and structural unemployment is greater than the NAIRU.
• D)the NAIRU has increased by 0.9 percentage points.
• E)cyclical unemployment is 8.1%.

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Definitions:

Adrenal Cortex

The outer region of the adrenal glands that produces steroid hormones including cortisol and aldosterone.

Glomerular Capsule

Cuplike structure that is the initial portion of a nephron.

Renal Pelvis

A central space, or cavity, in the kidney where urine collects before moving to the ureter.

Sterile

Free from any living microorganisms; in a medical or laboratory context, it indicates that an item or environment has been rendered free of all forms of life, especially microbial life, to prevent infection or contamination.