If the Cyclical Rate of Employment Equals 1 Percent and the Actual

question 34

Multiple Choice

If the cyclical rate of employment equals 1 percent and the actual rate of unemployment equals 8 percent, then the natural rate of unemployment must equal:

• A)−7 percent.
• B)9 percent.
• C)12.5 percent.
• D)7 percent.

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Definitions:

Carbons

The chemical element with atomic number 6, fundamental to life, and the basis of organic chemistry.

Micelle

An aggregate of surfactant molecules dispersed in a liquid colloid, forming a molecular assembly that can solubilize hydrophobic molecules in its hydrophobic core.

Hydrophobic

Characteristic of molecules or substances that do not readily mix with water.

Hydrophilic

Describes molecules or substances that are attracted to water and dissolve well in it.