Author Question: What is another name for the natural unemployment rate? a. Non-deteriorating low-inflationary ... (Read 61 times)

misspop

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What is another name for the natural unemployment rate?
 a. Non-deteriorating low-inflationary unemployment (NDLIU)
  b. Natural rate of no-inflation unemployment (NRNIU)
  c. Non-accelerating-inflation rate of unemployment (NAIRU)
  d. Non-inflationary rate of low unemployment (NIRLU)
  e. Natural unaffected rate of inflationary unemployment (NURIU)

Question 2

Economists assume that most individuals act as if they are motivated by self-interest and respond in predictable ways to changing circumstances.
 a. True
  b. False
  Indicate whether the statement is true or false



babybsemail

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Answer to Question 1

c

Answer to Question 2

True



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