Author Question: An economy is at full employment when ________. A) the unemployment rate is zero B) there is no ... (Read 74 times)

biggirl4568

  • Hero Member
  • *****
  • Posts: 551
An economy is at full employment when ________.
 
  A) the unemployment rate is zero
  B) there is no frictional unemployment
  C) the unemployment rate equals the natural unemployment rate
  D) there is no structural unemployment

Question 2

Which of the following is TRUE regarding business cycles?
 
  I. Cycles are predictable.
  II. In each cycle, a peak follows an expansion.
  III. Potential GDP fluctuates around real GDP.
  A) I and II
  B) I and III
  C) II and III
  D) II only



peilian

  • Sr. Member
  • ****
  • Posts: 316
Answer to Question 1

C

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

Did you know?

Walt Disney helped combat malaria by making an animated film in 1943 called The Winged Scourge. This short film starred the seven dwarfs and taught children that mosquitos transmit malaria, which is a very bad disease. It advocated the killing of mosquitos to stop the disease.

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

For a complete list of videos, visit our video library