The full-employment unemployment rate for the United States economy is now generally considered to be
A) 2 percent of the labor force.
B) 6 percent of the labor force.
C) 4 to 5 percent of the labor force.
D) 8 to 9 percent of the labor force.
Correct Answer:
Verified
Q188: The rate of unemployment tends to be
Q189: Potential GDP is the output that would
Q190: Unemployment rates for skilled workers compared to
Q191: The amount by which actual GDP falls
Q192: Unemployment rates in the United States from
Q194: If the unemployment rate for the U.S.
Q195: If the GDP gap is positive, then
A)
Q196: If the actual rate of unemployment is
Q197: One labor market quirk that helps explain
Q198: If the negative GDP gap were equal
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents