Full employment
A) exists when everyone in the economy has a job
B) exists when everyone who wants a job has one
C) exists when the unemployment rate is zero
D) exists when everyone in the labor force has a job
E) will always include some unemployment
Correct Answer:
Verified
Q2: Economists use the phrase "business cycle" when
Q3: If the economy were at its potential
Q4: The recessionary phase of the business cycle
Q5: Which of the following will most likely
Q6: The period of declining growth in real
Q7: The difference between actual real GDP and
Q8: The distinguishing characteristics of business cycles are
A)
Q9: Which of the following will most likely
Q10: The 25 years prior to the crisis
Q11: The period of growth in real GDP
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