« previous next »

Author Question: When an economy is at its natural rate of unemployment, which of the following will be true? A) ... (Read 100 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 newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

Did you know?

The FDA recognizes 118 routes of administration.

Dentition, as illustrated in Knight's Sketches in Natural History Dentition, as illustrated in Knight's Sketches in Natural History
A true albino squirrel. Note the pink eyes. A true albino squirrel. Note the pink eyes.
The rate of evolution in short­ and long­lived plants The rate of evolution in short­ and long­lived plants
Natural seletion Natural seletion
Major trunk lines carrying long-distance traffic crisscrossed the area east of the Mississippi. The Major trunk lines carrying long-distance traffic crisscrossed the area east of the Mississippi. The
Beer is made from the fermentation of yeast and the natural sugars from grains Beer is made from the fermentation of yeast and the natural sugars from grains
Video: Asthma Treatment

For a complete list of videos, visit our video library