The U.S. unemployment rate increased from 4.6% in July 2001 to 5.9% by June 2002. Without studying the subject in any detail, would you expect that a change of this kind is more likely to be due to cyclical unemployment or a change in the natural rate of unemployment? Why?
LEGL 225 Notes to Midterm: - Law is power, essential and fascinating - Statutory Rape: any unwanted or wanted sexual conduct with a minor who is under the age of 18 - Ordinance: specific area designated on public streets in order to sell products - Sources of law: o Administrative law o Treaties o Constitution State constitution o Judicial Branch o Executive Branch o Legislative Branch o Executive orders o Court Orders Injunctions - Burden of Proof: beyond reasonable doubt o Criminal - Burden of Proof: preponderance of evidence o Civil - Briefs: 1. Facts of case 2. Cont