Author Question: When an economy is at its natural rate of unemployment, which of the following will be true? A) ... (Read 39 times)

Yolanda

  • Hero Member
  • *****
  • Posts: 757
When an economy is at its natural rate of unemployment, which of the following will be true?
 
  A) Only structural unemployment as a result of technological change will exist in the economy.
  B) The labor force participation rate will be 100.
  C) The unemployment rate will be greater than 0.
  D) The unemployment rate will be 0.

Question 2

In much of Europe, the legal age to obtain a driver's license is 18. If the legal driving age in the United States was changed to 18, how would this affect the market for new automobiles? The market for automobile insurance?
 
  What will be an ideal response?



sultansheikh

  • Sr. Member
  • ****
  • Posts: 335
Answer to Question 1

C

Answer to Question 2

The demand for new automobiles would decrease, as would the demand for automobile insurance.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

Did you know?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

Did you know?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

For a complete list of videos, visit our video library