If Frictional Unemployment Increased, but Structural Unemployment Decreased by More

question 202

Multiple Choice

If frictional unemployment increased, but structural unemployment decreased by more, the natural rate of unemployment:

• A)​Would increase
• B)​Would not change
• C)​Would decrease
• D)​Would be affected in an unpredictable manner

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Definitions:

Unilateral Contract

A type of agreement where an offer can only be accepted through the performance of an action by the party receiving the offer.

Hard Drive

A data storage device used for storing and retrieving digital information using rapidly rotating disks coated with magnetic material.

Adequacy Of Consideration

The sufficiency of what is exchanged in a contract to make the agreement enforceable, ensuring each party receives something of value.

Bankruptcy

A legal procedure for dealing with debt problems of individuals and businesses; officially declared inability to pay outstanding debts.