The Bulk of the Decline in the Natural Rate of Unemployment

question 61

Multiple Choice

The bulk of the decline in the natural rate of unemployment since 1980 is because of

• A)a decline in the inflation rate.
• B)a decline in the share of young workers in the labor force.
• C)increased competition from foreign workers.
• D)the depreciation of the dollar relative to foreign currencies.

---

Definitions:

Cultural Perspective

The viewpoint that culture shapes individuals' perceptions, behaviors, and understanding of the world.

Proponents of Evil

Individuals or groups who advocate for or support actions, ideologies, or principles that are widely considered morally wrong or harmful.

Benign

A term often used in a medical context to describe a condition, tumor, or growth that is not cancerous and does not pose a serious threat to health.

Regenerative Cycles

Processes or phenomena wherein systems can restore or rebuild themselves after damage or depletion.