Multiple Choice
Full employment
A) occurs when all unemployment is cyclical and structural.
B) occurs when all unemployment is frictional and discouraged.
C) occurs when there is zero unemployment.
D) occurs when there is zero frictional unemployment.
E) occurs when there is zero cyclical unemployment.
Correct Answer:
Verified
Correct Answer:
Verified
Q10: In a country with a working-age population
Q11: Counting discouraged searchers as unemployed would<br>A)not change
Q12: If the economy is at full employment,
Q13: In a recession, typically<br>A)unemployment rises.<br>B)the employment-to-population ratio
Q14: Use the table below to answer the
Q16: If the CPI was 128 at the
Q16: Henelyn lost her job as a factory
Q18: Nominal GDP is $1,800 and real GDP
Q19: Full employment does not mean that there
Q20: The working-age population can be divided into