Author Question: The natural rate of unemployment is the unemployment rate that would exist in the absence of _____. ... (Read 57 times)

lilldybug07 · **on:** Jun 30, 2018

The natural rate of unemployment is the unemployment rate that would exist in the absence of _____.
a. structural unemployment
b. educated unemployment
c. cyclical unemployment
d. frictional unemployment
e. underemployment

Question 2

Economists prefer to look at declared preferences (how they say they behave) rather than revealed preferences (how people actually behave).
a. True
b. False
Indicate whether the statement is true or false