Author Question: At the full-employment equilibrium in the labor market A) there is no unemployment. B) there are ... (Read 127 times)

asmith134

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At the full-employment equilibrium in the labor market
 
  A) there is no unemployment.
  B) there are no job vacancies.
  C) there is neither a shortage nor a surplus of labor.
  D) the money wage rate equals the real wage rate.

Question 2

Which of the following is NOT a part of the income approach to determining GDP?
 
  A) rental income
  B) gross private domestic investment
  C) net interest
  D) indirect business taxes



Moriaki

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Answer to Question 1

C

Answer to Question 2

B



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