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billyhilly billyhilly
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5 years ago

Question 1.

If the labor market becomes more efficient so that the unemployed are more quickly matched with jobs, then



▸ the natural rate of unemployment will increase.

▸ the natural rate of unemployment will decrease.

▸ the natural rate of unemployment will not change.

▸ the natural rate of unemployment could either increase or decrease.

Question 2.

During the early 1990s, companies started downsizing. One of the results of this downsizing was the permanent reduction in the number of middle management positions. This change in the way businesses operate would have



▸ increased the natural rate of unemployment.

▸ decreased the natural rate of unemployment.

▸ not affected the natural rate of unemployment.

▸ could have either increased or decreased the natural rate of unemployment.
Textbook 
Principles of Economics

Principles of Economics


Edition: 12th
Authors:
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JlynnJlynn
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5 years ago
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billyhilly Author
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5 years ago
This calls for a celebration Person Raising Both Hands in Celebration
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