The Natural Rate of Unemployment

question 53

Multiple Choice

The natural rate of unemployment:

• A)is fixed over time.
• B)is found by adding the cyclical and structural unemployment rates.
• C)may change from one decade to another.
• D)cannot be changed through public policy.

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Definitions:

Culture-Fair Tests

Assessments designed to minimize the influence of cultural background or language on test performance, to measure intelligence or ability more accurately.

Minimize Language

The practice of simplifying language use to the most basic necessary elements.

Mental Age

A measure of an individual's mental ability expressed as the age at which an average individual reaches the same ability.

IQ

An abbreviation for Intelligence Quotient, a score derived from standardized tests designed to measure human intelligence and cognitive abilities.