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Author Question: The natural rate of unemployment is the estimated rate of unemployment that would prevail when ... (Read 47 times)

go.lag

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on: Jun 30, 2018
The natural rate of unemployment is the estimated rate of unemployment that would prevail when ________ unemployment is zero.
 
  A) structural B) cyclical C) seasonal D) frictional

Question 2

Transfer payments are excluded from government purchases in GDP accounting because
 
  A) they are a reward to individuals who have been productive their entire lives.
  B) they are difficult to measure.
  C) nothing is being produced in return for the payment.
  D) they are already included as part of investment.
Macroeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 7th Edition
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medine

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Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

C


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