The natural rate of unemployment can be reduced to zero percent.Group of answer choicesTrueFalse

Natural rate of unemployment is equal to:Group of answer choicesFrictional unemployment plus structural unemploymentFrictional unemployment plus cyclical unemploymentStructural unemployment plus cyclical unemploymentNone of the above

If 21% of unemployed find jobs and 0.9% of the employed lose their jobs, the natural rate of unemployment will be:Group of answer choices4.1%3.1%3.5%4.8%

Which of the following would allow the policymakers to maintain the unemployment rate 1% above the natural rate?Question 9Select one:a.nominal money growth that is 1% greater than the normal growth rate of outputb.nominal money growth of 1%c.nominal money growth that is 1% less than the sum of the inflation rate and the normal output growth rated.nominal money growth that is 1% greater than the inflation ratee.None of the above.

Suppose the total population in the economy is constant. An increase in the number of people employed at the same time that the labour force participation rises implies that Group of answer choices there must be a reduction in the number of people unemployed there must be a reduction in the number of people not in the labour force all of the other options are correct there must be a reduction in the unemployment rate

If real GDP is greater than potential GDP, then:Group of answer choicesthe actual unemployment rate equals zerothe actual unemployment rate is greater than the natural unemployment ratethe output gap is negativethe actual unemployment rate is less than the natural unemployment rate