Author Question: The natural rate of unemployment is always more than the actual rate of unemployment because it ... (Read 73 times)

olgavictoria

  • Hero Member
  • *****
  • Posts: 528
The natural rate of unemployment is always more than the actual rate of unemployment because it excludes frictional and seasonal unemployment rates.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

The real core of the economic problem is to:
 a. increase the amount of leisure time available to people.
 b. guarantee everyone on the planet a minimum level of food, shelter and clean water.
  c. allocate limited resources among competing uses.
 d. eliminate scarcity.



canderson530

  • Sr. Member
  • ****
  • Posts: 317
Answer to Question 1

False

Answer to Question 2

c



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

More than 20 million Americans cite use of marijuana within the past 30 days, according to the National Survey on Drug Use and Health (NSDUH). More than 8 million admit to using it almost every day.

Did you know?

There are more bacteria in your mouth than there are people in the world.

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

Did you know?

In 2012, nearly 24 milliion Americans, aged 12 and older, had abused an illicit drug, according to the National Institute on Drug Abuse (NIDA).

For a complete list of videos, visit our video library