eco Which of the following will not have an effect on the natural rate of unempl

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eco

Which of the following will not have an effect on the natural rate of unemployment? Extended periods of high unemployment. Changes in demographics. Changes in unemployment insurance. Changes in monetary policy. Historically, the largest U.S. federal budget deficits as a percentage of GDP in the 20th century occurred during the Vietnam war. 1998- 1999. 1970- 1997. WWI and WWD. the Great Depression. In the dynamic model of AD - AS in the figure to the right if the economy is at point A in year 1 and is expected to go to point B in year 2, Congress and the president would most likely pursue contractionary fiscal policy. expansionary monetary policy. expansionary fiscal policy. contractionary monetary policy. contractionary automatic stabilizers. Economists who believed that the Phillips curve represented a structural relationship believed that the curve represented no trade-off between unemployment and inflation. a cyclical trade-off between unemployment and inflation. a temporary trade-off between unemployment and inflation. a permanent trade-off between unemployment and inflation.

Explanation / Answer

1. D

2. D

3. C

4. C

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