Ask Question
BusinessBusiness
6 March, 08:18

If the unemployment rate is equal to the natural rate of unemployment, then the economy's

+5
Answers (1)
  1. 6 March, 10:44
    0
    Answer: the economy is efficient

    Explanation: Natural rate of unemployment is the rate of unemployment when the economy is believed to be at its best, it is also the rate of unemployment where all the facets of the economy are working efficiently.

    When the rate of unemployment equals the natural rate of unemployment the economy is said to be in equilibrium which means that market forces are effectively influencing the economy to perform t it's best. In the United States the natural rate or unemployment has been estimated to be between 4.5 - 5%.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “If the unemployment rate is equal to the natural rate of unemployment, then the economy's ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
A production possibilities frontier is bowed outward when Group of answer choices the rate of tradeoff between the two goods being produced is constant.
Answers (1)
Moral hazard means that insured customers exercise less care because they have less incentive to do so. Do you agree with this concept? Also, comment on the statement that we should anticipate moral hazard and protect ourselves against it.
Answers (1)
Suppose the following data were taken from the 2017 and 2016 financial statements of American Eagle Outfitters. (All numbers, including share data, are in thousands.
Answers (1)
For many waiting line situations, the arrivals occur randomly and independently of other arrivals and it has been found that a good description of the arrival pattern is provided by a. a normal probability distribution. b.
Answers (1)
The two reasons why bankruptcy is a false concern about the public debt are:
Answers (1)
New Questions in Business
Sarah has recently started a restaurant in a commercial area where there are many other established restaurants and popular fast food chains.
Answers (1)
The market price of a security is $43. Its expected rate of return is 20%. The risk-free rate is 3% and the market risk premium is 7.8%.
Answers (1)
Select the correct answer from the drop-down menu. Which type of college credit program does the statement describe?
Answers (1)
Anderson's Furniture Outlet has an unlevered cost of capital of 8%, a tax rate of 35%, and expected earnings before interest and taxes of $1,500. The company has $3,500 in bonds outstanding that have a 5% coupon and pay interest annually.
Answers (1)
A residential zoning category requires at least 7,500 square feet per lot. The developer is reserving 30% of the land to streets, sidewalks, a park, and a community center. The tract of land for development consists of 120 acres.
Answers (1)
Home » Business » If the unemployment rate is equal to the natural rate of unemployment, then the economy's
Sign Up Forgot Password?