Author Question: Suppose the measured unemployment rate is 3.9 and the natural rate of unemployment is 5.1. In this ... (Read 62 times)

torybrooks · **on:** Jun 29, 2018

Suppose the measured unemployment rate is 3.9 and the natural rate of unemployment is 5.1. In this situation, policymakers should

A) attempt to stimulate the economy.
B) attempt to slow the economy.
C) not intervene in the economy.
D) The actions of policymakers will depend on how much of the natural rate is frictional unemployment and how much is structural unemployment.

Question 2

All of the following could be covered by patent protection except

A) a newly discovered Beethoven symphony.
B) a new variety of hybrid rose bush.
C) a hydrogen fuel cell engine.
D) a laser hair-removal device.