the natural level of employment (n) will increase when which of the following occurs? group of answer choices an increase in the markup of prices over costs a reduction in unemployment benefits an increase in the actual unemployment rate all of these none of these

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04-11-2022
Business

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the natural level of employment (n) will increase when which of the following occurs? group of answer choices an increase in the markup of prices over costs a reduction in unemployment benefits an increase in the actual unemployment rate all of these none of these

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only goods and services are included in the estimation of nominal gdp, the dollar value of output produced in an economy. T/F

Yogeshkumari Yogeshkumari · Answer 1 · 2022-11-13T14:51:46-05:00

The natural level of employment will increase when there is a reduction in unemployment benefits.

Employment is a relationship between two parties that regulates the provision of paid labor services. Usually, on a contractual basis, one party, the employer, which may be a corporation, nonprofit organization, cooperative or any other entity, pays the other party, the employee, in exchange for the performance of the assigned work.

Workers work in exchange for wages, which may be paid by the hour, as a wage, or as an annual salary, depending on the type of work the worker performs, prevailing industry conditions and bargaining power between parties.

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