Unemployment resulting from real wages being above their equilibrium level is called ______ unemployment.
Structural
Frictional
Disequilibrium
Natural
Macro economics is concerned with
The study of the behavior of individual households and firms
The determination of the relative prices of particular goods and services
The knowledge and skills of workers in an economy
The study of the behaviour and performance of the economy as a while
Structural unemployment arises
When people find themselves temporarily between jobs in the labour market.
Due to a deficiency of aggregate demand
When inflation is accelerating
When labour released from declining industries does not have the skills required to fill or is not living in the location where there exciting job vacancies.
The percentage of the labour force that is unemployed is the
Labour force rate
Unemployment rate
Employment rate
Unemployment population ratio
The natural rate of unemployment can be reduced by
Increasing aggregate demand via expansionary fiscal and monetary policies.
Increasing various supply side initiatives designed to improve the structure and functioning of the labour market.
Introducing various supply side indicatives designed to improve the structure and functioning of the labours market.
All the above
According to the original phillips curve as unemployment falls.
Inflation decrease
Inflation remains unchanged
Inflation increases
Outfalls
