Possible causes of involuntary unemployment are ?

Related Mcqs:

The measured unemployment rate can be pushed below the natural rate, but ?

A. only in the short run, and not without inflation B. only in the long run and not without inflation C. only is the short run and only if the price level is constant D. only in the long run and only if the price level is constant...

In the events of an increase in the international price of oil that encouraged the central bank to accept lower real interest rates, inflation would most likely ?

A. fall B. increase C. remain the same D. fluctuates...

In the long run, the Phillips curve will be vertical at the natural rate of unemployment if ?

A. the long-run aggregate demand curve is horizontal at the natural rate of inflation B. the long run aggregate demand curve is vertical at potential GDP C. the long run aggregate demand curve is vertical at potential GDP D. The long run supply curve is horizontal at the natural rate of inflation...

Potential GDP is the level of aggregate output ?

A. that can be produced if structural unemployment is zero B. that can be produced at a zero-unemployment rate C. that can be sustained in the long run without inflation D. that can be sustained in the long run, if the inflation rate is zero...

Expansionary fiscal policy in the classical model will cause aggregate demand to _______ potential output?

A. exceeds B. fall below C. fluctuate around D. remain equal to...