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If changing consumer preferences increase the demand for satellite radios and decrease the demand for video cassette recorders, the economy will likely exhibit _________. a. an increase in the natural
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If changing consumer preferences increase the demand for satellite radios and decrease the demand for video cassette recorders, the economy will likely exhibit _________.

a. an increase in the natural rate of unemployment.
b. a decrease in the natural rate of unemployment.
c. frictional unemployment.
d. efficiency wages.

User Parv Bhasker
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Answer:

C. Frictional unemployment

User Ginevra
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