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Author Question: Full employment is defined by the Council of Economic Advisers as A) 4 percent. B) every adult ... (Read 66 times)

HudsonKB16

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on: Jun 29, 2018
Full employment is defined by the Council of Economic Advisers as
 
  A) 4 percent.
  B) every adult who wants to work has a job.
  C) the unemployment rate associated with zero inflation.
  D) the unemployment rate associated with the normal frictions in the labor market.

Question 2

The principle of rival consumption applies to which of the following?
 
  A) national defense
  B) the free-rider problem
  C) the exclusion principle
  D) a private good


okolip

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Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

D


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