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Author Question: Full employment means A) zero unemployment. B) only cyclical unemployment exists. C) only ... (Read 94 times)

jessicacav

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on: Jun 29, 2018
Full employment means
 
  A) zero unemployment.
  B) only cyclical unemployment exists.
  C) only frictional and structural unemployment exists.
  D) None of the above answers are correct.

Question 2

A recession is commonly defined as a period with
 
  A) negative growth rate in real GDP that lasts at least one quarter.
  B) positive growth rate in real GDP that lasts at least one quarter.
  C) positive growth rate in real GDP that lasts at least two quarters.
  D) negative growth rate in real GDP that lasts at least two quarters.


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jessicaduplan

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

C

Answer to Question 2

D


jessicacav

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

ricroger

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Reply 3 on: Yesterday
Excellent

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