In the Long Run the Unemployment Rate Equals

question 2

Multiple Choice

In the long run the unemployment rate equals

• A)zero.
• B)the cyclical rate of unemployment.
• C)the natural rate of unemployment.
• D)the sum of the cyclical and natural rate of unemployment.

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Definitions:

RAD

Rapid Application Development, a software development methodology that emphasizes quick prototype releases and iterations to expedite development and elicit early user feedback.

Prototypes

Preliminary models of products or systems used for testing and evaluation during the development process.

End-user Development

The practice allowing non-programmers to create or modify software applications to meet their personal or business needs without extensive knowledge of programming.

Security

The degree of protection against criminal activity, danger, damage, or loss.