At the peak of a business cycle,the
A) cyclical unemployment rate is positive.
B) unemployment rate is above the natural unemployment rate.
C) frictional unemployment rate is zero.
D) unemployment rate is below the natural unemployment rate.
E) natural unemployment rate is negative.
Correct Answer:
Verified
Q221: Which of the following is true?
A)Real GDP
Q222: At full employment there still exists some
Q223: Full employment occurs when the
A)unemployment rate equals
Q224: Potential GDP is reached when
A)unemployment is zero.
B)there
Q225: The natural unemployment rate is
A)another name for
Q227: Full employment means that
A)100 percent of the
Q228: The natural unemployment rate
A)includes only frictional and
Q229: When the economy is at full employment,the
A)natural
Q230: Full employment is the level of unemployment
Q231: When cyclical unemployment is zero,
A)frictional unemployment is
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