Conventional Wisdom Is That Most of the Natural Rate of Unemployment

question 99

Multiple Choice

Conventional wisdom is that most of the natural rate of unemployment is due to:

• A) bad fiscal policy.
• B) frictional unemployment.
• C) cyclical unemployment.
• D) structural unemployment.
• E) bad monetary policy.

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Definitions:

Former Slave

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The observed decrease in crime rates, particularly noticeable in many Western countries during the late 20th and early 21st centuries.

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