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

Author Question: If the labor force consists of 1,000 people and and the unemployment rate is 7, then 930 people must ... (Read 91 times)

Ebrown

  • Hero Member
  • *****
  • Posts: 567
on: Jun 29, 2018
If the labor force consists of 1,000 people and and the unemployment rate is 7, then 930 people must be considered employed.
 
  Indicate whether the statement is true or false

Question 2

If ________ GDP exceeds ________ GDP, employment exceeds its full-employment level and the unemployment rate is ________ the natural unemployment rate.
 
  A) real; nominal; below
  B) real; potential; below
  C) real; potential; above
  D) nominal; potential; above
  E) nominal; potential; below


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

aloop

  • Sr. Member
  • ****
  • Posts: 315
Reply #1 on: Jun 29, 2018
Answer to Question 1

TRUE

Answer to Question 2

B


Ebrown

  • Member
  • Posts: 567
Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

bblaney

  • Member
  • Posts: 323
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Did you know?

Asthma attacks and symptoms usually get started by specific triggers (such as viruses, allergies, gases, and air particles). You should talk to your doctor about these triggers and find ways to avoid or get rid of them.

Did you know?

Pubic lice (crabs) are usually spread through sexual contact. You cannot catch them by using a public toilet.

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

Did you know?

Never take aspirin without food because it is likely to irritate your stomach. Never give aspirin to children under age 12. Overdoses of aspirin have the potential to cause deafness.

Ethnographic studies of the Baka pygmies of central Cameroon, and other people who still live as ... Ethnographic studies of the Baka pygmies of central Cameroon, and other people who still live as ...
Faith Ringgold, God Bless America, No. 13 from the series American People. Faith Ringgold, God Bless America, No. 13 from the series American People.
The social movement that centers on the environment has become global. In all nations, people are ... The social movement that centers on the environment has become global. In all nations, people are ...
Enzymatic rate enhancements Enzymatic rate enhancements
Efficient Allocation of Labor between Sectors Efficient Allocation of Labor between Sectors
Sensory Crossover Device for Visually Impaired People Sensory Crossover Device for Visually Impaired People
Video: Ear Virtual Tour Animation

For a complete list of videos, visit our video library