Author Question: The unemployment rate that exists when the economy is at potential GDP is called A) the natural ... (Read 102 times)

fagboi · **on:** Jun 29, 2018

The unemployment rate that exists when the economy is at potential GDP is called

A) the natural rate of unemployment. B) zero-rate unemployment.
C) cyclical unemployment. D) deflation-based unemployment.

Question 2

A relationship that depends on the basic behavior of consumers and firms and remains unchanged over long periods is called a ________ relationship.

A) cyclical B) structural C) frictional D) dynamic