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 81 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
Excellent

milbourne11

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

Acceptable ranges of heart rate Acceptable ranges of heart rate
How People Match Their Goals to Their Means How People Match Their Goals to Their Means
Trees provide ecosystem services to people Trees provide ecosystem services to people
The rate of global emissions is rising rapidly, especially in India and China The rate of global emissions is rising rapidly, especially in India and China
How far apart should two protons be if the electrical force of repulsion exerted on each one is ... How far apart should two protons be if the electrical force of repulsion exerted on each one is ...
The distribution of the number of hours that a random sample of people spend doing chores per ... The distribution of the number of hours that a random sample of people spend doing chores per ...
Video: Bipolar Disorder

For a complete list of videos, visit our video library