The real return on money is
A) 0.
B) -r.
C) -i.
D) -R.
Question 2
The natural rate of unemployment is higher in Europe than in the U.S. due to ________.
A) the greater relative strength of American unions
B) the greater relative generosity of U.S. unemployment benefits
C) the greater severity of the business cycle in Europe relative to the U.S.
D) stricter European work rules