Solved

Productivity Growth Is a Factor Affecting the Natural Rate of Unemployment

Question 67

Multiple Choice

Productivity growth is a factor affecting the natural rate of unemployment because


A) increases in productivity results in higher unemployment.
B) a slowdown in productivity growth is not always immediately accompanied by a slowdown in real . wage growth, so unemployment rises.
C) a slowdown in productivity growth means that more workers are need, so the unemployment decreases.
D) productivity growth results in lower wages.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions