Multiple Choice
Who would NOT be counted among the unemployed?
A) A fast-food worker laid off due to lack of work.
B) A factory worker fired due to incompetence.
C) A full-time student taking classes.
D) A stay-at-home parent who reentered the workforce and was subsequently laid off.
Correct Answer:
Verified
Correct Answer:
Verified
Q43: The natural rate of unemployment is<br>A) 5%.<br>B)
Q44: When unemployment is above the natural rate,<br>A)
Q45: When real GDP is lower than potential
Q46: If GDP is too high relative to
Q47: The NAIRU is short for the nonaccelerating
Q49: When unemployment is below the natural rate,<br>A)
Q50: The pattern of recession,recovery,and expansion is called
Q51: How are potential GDP and real GDP
Q52: How is it possible for output to
Q53: The _ is the beginning of a