-You would expect the rate of unemployment to be increasing in the economy operating at point:
A) 1 in Figure A.
B) 2 in Figure B.
C) 3 in Figure C.
D) 4 in Figure D.

Name: -You would expect the rate of unemployment to be increasing in the economy operating at point: A) 1 in Figure A. B) 2 in Figure B. C) 3 in Figure C. D) 4 in Figure D.
Brand: Quizplus
Rating: 4.9 (29 reviews)

Question

-You would expect the rate of unemployment to be increasing in the economy operating at point:
A) 1 in Figure A. 
B) 2 in Figure B. 
C) 3 in Figure C. 
D) 4 in Figure D.

Quizplus · Accepted Answer

The economy is operating at full employment at point 1, so the rate of unemployment is not increasing.

-You Would Expect the Rate of Unemployment to Be Increasing