Multiple Choice
Which statement best describes how the natural rate of unemployment changes?
A) It cannot change; it is constant over time.
B) It does not change by any actions of the government.
C) It changes if the maximum legal number of work hours a week changes.
D) It changes if the rate at which the Bank of Canada increases the money supply changes.
Correct Answer:
Verified
Related Questions
Q44: Figure 17-2 Q45: Milton Friedman argued that a central bank's Q46: In the long run, what will shift Q47: According to classical macroeconomic theory, what does
