Author Question: Full employment is the rate of employment that results when: a. all the labor resources of the ... (Read 88 times)

naturalchemist · **on:** Jun 30, 2018

Full employment is the rate of employment that results when:
a. all the labor resources of the economy are employed full time.
b. cyclical unemployment has reached its maximum.
c. everybody who wants a job can find one.
d. only frictional and structural unemployment are present.

Question 2

The marginal propensity to save is
a. the change in saving divided by the change in income.
b. the change in income divided by the change in saving.
c. saving divided by income.
d. income divided by saving.
e. saving divided by consumption.