Which of the following would tend to increase the natural unemployment rate?
a. The creation of national unemployment offices to increase the information about job openings
b. Recessionary downturns in the economy that result in massive layoffs of auto workers
c. Sociological changes that encourage people to seek employment
d. The creation of government subsidies for workers who relocate into areas where new jobs can be found
e. Less government money made available as unemployment compensation
Question 2
One topic that microeconomics explores is how prices are determined in individual markets, while macroeconomics is concerned with issues such as the economy's overall rate of inflation, economic growth and unemployment.
a. True
b. False
Indicate whether the statement is true or false
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