« previous next »

Author Question: When an economy is at its natural rate of unemployment, which of the following will be true? A) ... (Read 82 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?

Lower drug doses for elderly patients should be used first, with titrations of the dose as tolerated to prevent unwanted drug-related pharmacodynamic effects.

Did you know?

Walt Disney helped combat malaria by making an animated film in 1943 called The Winged Scourge. This short film starred the seven dwarfs and taught children that mosquitos transmit malaria, which is a very bad disease. It advocated the killing of mosquitos to stop the disease.

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

Increasing Costs of Natural Disasters Increasing Costs of Natural Disasters
In 2008, the U.S. economy suffered a gaping wound as several trillion dollars were ripped out of it. In 2008, the U.S. economy suffered a gaping wound as several trillion dollars were ripped out of it.
Latin America in the Global Economy Latin America in the Global Economy
Population growth and growth rate, 1950 - 2100 Population growth and growth rate, 1950 - 2100
Some drugs are still derived from natural sources Some drugs are still derived from natural sources
Effect of Increasing the Investment Rate on the Steady State Effect of Increasing the Investment Rate on the Steady State
Video: Introduction to Sleep Apnea

For a complete list of videos, visit our video library