A) full employment in the long run.
B) a 15 to 20 percent unemployment level whenever the economy is in equilibrium.
C) the same unemployment rates as the Keynesian model.
D) cyclical changes in the unemployment rate.
ANSWER:
A
A) full employment in the long run.
B) a 15 to 20 percent unemployment level whenever the economy is in equilibrium.
C) the same unemployment rates as the Keynesian model.
D) cyclical changes in the unemployment rate.
ANSWER:
A