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More cards in this set
Card 6
Front
What is demand-deficient unemployment?
Back
Card 7
Front
What are 3 consequences of unemployment?
Back
Card 8
Front
What is the natural rate of unemployment?
Back
Card 9
Front
At what point on a graph can the natural rate of unemployment be found?
Back
Card 10
Front
What are the 5 factors that determine the natural rate of unemployment?
Back
Card 11
Front
What does the SRPC show?
Back
Card 12
Front
(LRPC) If workers bid up their wages in nominal terms, what will happen?
Back
Card 13
Front
(LRPC) If workers bid up their wages in real terms, what will happen?
Back
Card 14
Front
What does NAIRU stand for?
Back
Card 15
Front
What are the demand-side policies to reduce unemployment?
Back
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