« previous next »

Author Question: When an economy is at its natural rate of unemployment, which of the following will be true? A) ... (Read 41 times)

Yolanda

  • Hero Member
  • *****
  • Posts: 757
on: Jun 29, 2018
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
Reply #1 on: Jun 29, 2018
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
« previous next »
 

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

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

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

The U.S. Pharmacopeia Medication Errors Reporting Program states that approximately 50% of all medication errors involve insulin.

Apparent and True Orbits of Alpha Centauri. Apparent and True Orbits of Alpha Centauri.
True Friendship True Friendship
How would you rate your overall health?” The percent of adults answering “excellent” or ... How would you rate your overall health?” The percent of adults answering “excellent” or ...
Influence of enzyme-substrate affinity on the rate of an enzyme-catalyzed reaction. Influence of enzyme-substrate affinity on the rate of an enzyme-catalyzed reaction.
Static Stability & Environmental Lapse Rate Static Stability & Environmental Lapse Rate
True Dover Sole True Dover Sole
Video: Chemical Synapse Animation

For a complete list of videos, visit our video library