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Author Question: Economists say that the economy is at full employment when the A) total unemployment rate is ... (Read 114 times)

karateprodigy

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Economists say that the economy is at full employment when the
 
  A) total unemployment rate is zero. B) structural unemployment rate is zero.
  C) cyclical unemployment rate is zero. D) frictional unemployment rate is zero.

Question 2

Refer to the figure above. If the exchange rate is fixed below E yuan per dollar:
 
  A) the dollar is overvalued and the yuan is undervalued.
  B) both the yuan and dollar are undervalued.
  C) the dollar is undervalued and the yuan is overvalued.
  D) both the yuan and dollar are overvalued.



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bblaney

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Answer to Question 1

C

Answer to Question 2

C




karateprodigy

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review


nanny

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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