Suppose That Immigration Laws Are Relaxed and Many Workers from Other

When the unemployment rate is high, there is political demand to increase the benefit period for unemployment compensation. In a standard analysis, doing so will lead to: A) reductions in unemployment. B) increases in the unemployment rate. C) more job creation. D) more job destruction.

According to the Congressional Budget Office, the natural rate of unemployment: A) has continually declined since 1950. B) was at its lowest by the end of the 1970s. C) has continually risen since 1950. D) rose until the end of the 1970s and has declined since then.