A. New classical economists
B. Keynesian.
C. Marxists
D. Monetarists
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
The measured unemployment rate can be pushed below the natural rate, but ? Read More »
Aggregate Supply, Economics Mcqs, Unemployment And Inflation A. frictional unemployment and seasonal unemployment
B. frictional unemployment and cyclical unemployment
C. frictional unemployment and structural unemployment
D. cyclical unemployment and structural unemployment
The natural rate of unemployment is generally thought to be the sum of ? Read More »
Aggregate Supply, Economics Mcqs, Unemployment And Inflation A. neither monetary nor fiscal policy will have an effect on output and employment
B. monetary but not fiscal policy will have an effect on output and employment
C. Fiscal, but not monetary policy will have an effect on output and employment
D. both monetary and fiscal policy will have an effect on output and employment
Those who hold the classical view of the labor market are likely to believe that ? Read More »
Aggregate Supply, Economics Mcqs, Unemployment And Inflation A. quickly
B. slowly
C. very infrequently
D. instantly
