This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Suppose the natural unemployment rate equals 6 percent and the current unemployment rate is 8 ... (Read 122 times)

krzymel

  • Hero Member
  • *****
  • Posts: 548
on: Jun 29, 2018
Suppose the natural unemployment rate equals 6 percent and the current unemployment rate is 8 percent. We can conclude that
 
  A) there is no structural unemployment.
  B) there is no frictional unemployment.
  C) there is no cyclical unemployment.
  D) full employment is not occurring.

Question 2

A common definition of a recession is a time with
 
  A) a decline in the price level.
  B) a decline in interest rates.
  C) a decrease in real GDP for two or more successive quarters.
  D) a decrease in real GDP for two or more successive years.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

canderson530

  • Sr. Member
  • ****
  • Posts: 317
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

C


krzymel

  • Member
  • Posts: 548
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

xthemafja

  • Member
  • Posts: 348
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Did you know?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

Did you know?

When blood is exposed to air, it clots. Heparin allows the blood to come in direct contact with air without clotting.

When a Tornado Strikes: Social Organization Following a Natural Disaster When a Tornado Strikes: Social Organization Following a Natural Disaster
A compression gauge designed for the higher compression rate of a diesel engine should be used when ... A compression gauge designed for the higher compression rate of a diesel engine should be used when ...
Static Stability & Environmental Lapse Rate Static Stability & Environmental Lapse Rate
North Atlantic Current North Atlantic Current
Convert percent to Fraction Convert percent to Fraction
Outgroup role in relative rate test Outgroup role in relative rate test
Video: Mendel's Principles of Inheritance (Father of Genetics)

For a complete list of videos, visit our video library