In periods when GDP grows very rapidly for a long period, the actual unemployment rate will be ________ than the natural rate of unemployment.
A) higher B) the same C) more variable D) lower
Question 2
Assuming all else equal, if firms expect the demand for their products to increase in the near future, ________.
A) their labor supply curve will shift to the right. B) their labor demand curve will shift to the left.
C) their labor supply curve will shift to the left. D) their labor demand curve will shift to the right.
How long does it take you to see the circles?
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