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Author Question: At potential real GDP: a. there is zero unemployment. b. there is no seasonal unemployment. c. ... (Read 78 times)

oliviahorn72

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on: Jun 30, 2018
At potential real GDP:
 a. there is zero unemployment.
  b. there is no seasonal unemployment.
  c. there is no frictional unemployment.
  d. unemployment is at its natural rate.
  e. cyclical unemployment equals approximately 5 percent.

Question 2

Living in a world of scarcity involves trade-offs.
 a. True
  b. False
  Indicate whether the statement is true or false


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mjenn52

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Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

True


oliviahorn72

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

ktidd

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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