Author Question: The natural rate of unemployment is: a. equal to the seasonal unemployment. b. usually equal to 3 ... (Read 72 times)

humphriesbr@me.com

  • Hero Member
  • *****
  • Posts: 550
The natural rate of unemployment is:
 a. equal to the seasonal unemployment.
 b. usually equal to 3 percent.
 c. the unemployment rate when none of the work force is unemployed for more than six weeks.
  d. the unemployment rate at which the economy is producing its potential GDP.
 e. defined by the government.

Question 2

Which of the following is reflected in the gross domestic product (GDP)?
 a. The value of leisure time
 b. The value of illegal goods and services
 c. The value of final goods produced by firms
 d. The cost of depletion of natural resources
 e. The value of house maintenance performed by homeowners



CharlieArnold

  • Sr. Member
  • ****
  • Posts: 319
Answer to Question 1

d

Answer to Question 2

c



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

Did you know?

More than one-third of adult Americans are obese. Diseases that kill the largest number of people annually, such as heart disease, cancer, diabetes, stroke, and hypertension, can be attributed to diet.

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

For a complete list of videos, visit our video library