if authorities believe that the natural rate of unemployment is lower than it actually is and pursue fiscal policies to move economic output to what they believe full employment to be, then which of the following is most likely to occur in the long run? a. an increase in the unemployment rate. b. a recession. c. an increase in the inflation rate. d. a depression.

Question

25-10-2022
Business

contestada

if authorities believe that the natural rate of unemployment is lower than it actually is and pursue fiscal policies to move economic output to what they believe full employment to be, then which of the following is most likely to occur in the long run? a. an increase in the unemployment rate. b. a recession. c. an increase in the inflation rate. d. a depression.

Respuesta :

Otras preguntas

samantha roberts was hired as a customer service representative by the elevenore corporation almost 20 years ago. since then, she has moved around in the compan

write an expression to detect that the first character of userinput matches firstletter.

The Retained earnings account has a credit balance of $31,450 before closing entries are made. If total revenues for the period are $97,700, total expenses are

Find the value of x such that <19,7> and <4,x> are perpendicular G ofca Hltvai-e an4xy are Perpendicaia- Fina

After reading the lyrics, respond to each of the following questions in complete and thorough sentences. What is the message of the song "I Will Go West!"? How

Follow the steps to find the product of and 0.55. Estimate the product of and 0.55. 1/4- Convert the decimal 0.55 to a fraction. V55/100 What is the product of

specialization and trade allows us . group of answer choices to consume beyond the individuals' production possibilities frontier. shift demand. to shift the

What is the volume of the solid shown above First box is 4cm 4 cm 4 cm

26 The following balances were extracted from the books of AL Masa Cleaning Services at 31st December, 2020: Cash BD13900 Accounts Receivable BD2000- Equipment

Marwa & Co purchased a parcel of land six years ago for $621560 At that time the firm invested $141872 in grading the site so that it would be usable. Since

RajeevKumarBag RajeevKumarBag · Answer 1 · 2022-11-04T06:19:44+01:00

A rate of unemployment that is lower than the natural rate suggests that the economy is expanding at a rate that is faster than the maximum rate that is sustainable. This puts more pressure on wages and prices in general, which leads to more inflation.

Is there a difference between the actual unemployment rate and the natural rate of unemployment during a recession?

natural unemployment rate is the rate of unemployed people in an economy when there is full employment; The current unemployment rate is higher than the natural rate when an economy is in a recession. The current unemployment rate is lower than the natural rate during expansions.

Learn more about rate of unemployment here:

https://brainly.com/question/13280244

#SPJ4

contexto1028 contexto1028 · Answer 2 · 2022-11-04T06:22:16+01:00

A rate of unemployment that is lower than the natural rate suggests that the economy is expanding at a rate that is faster than the maximum rate that is sustainable. This puts more pressure on wages and prices in general, which leads to more inflation.

Is there a difference between the actual unemployment rate and the natural rate of unemployment during a recession?

natural unemployment rate is the rate of unemployed people in an economy when there is full employment; The current unemployment rate is higher than the natural rate when an economy is in a recession. The current unemployment rate is lower than the natural rate during expansions.

If the actual rate is higher than the natural rate, the economy is in a slump, which is more technically known as a recession. On the other hand, if the actual rate is lower than the natural rate, inflation is expected to happen right away because it is thought that the economy is overheating.

Learn more about rate of unemployment here:

brainly.com/question/13280244

#SPJ4