Full employment in the U.S. economy means: A) Cyclical unemployment has been reduced to zero. B) The
Fantastic news! We've Found the answer you've been seeking!
Question:
"Full employment" in the U.S. economy means:
A) Cyclical unemployment has been reduced to zero.
B) The total unemployment rate has been reduced to zero.
C) Cyclical and structural unemployment have been minimized.
D) Everyone who is willing and able to work has a job.
Expert Answer:
Posted Date:
Students also viewed these economics questions
-
Explain how inflation targeting promotes full employment in the long run.
-
The economy has seen the unemployment rate increase from 6 percent to 9.5 percent, the inflation rate decrease from 2.8 percent to 1.2 percent, and there has been a 24 percent decline in consumer...
-
Full employment exists when the economy is operating at its natural unemployment rate. Define the following terms: a. Frictional unemployment. b. Structural unemployment. c. The natural unemployment...
-
What is the "ALDI Way" and what was its quest? Take out costs; eliminate complexity Survival; make enough money to pay overhead costs Increase market share; find more prospective customers Build...
-
Refer to the calculation of the mean in Example 12 or in Exercise 2.133. Explain why the mean for grouped data can be expressed as a sum, taking each possible outcome times the proportion of times it...
-
From the 1960s, James Johnson served as Bradley Unions personal caretaker and assistant, and was authorized by Union to handle his banking transactions. Louise Johnson, Jamess wife, wrote checks on...
-
Figure 27.40 shows a schematic of a device, called a mass spectrometer, for determining the mass of ions or other charged particles. The ions that enter the mass spectrometer are first accelerated by...
-
Gower Inc., a manufacturer of plastic products, reports the following manufacturing costs and account analysis classification for the year ended December 31, 2012. Gower Inc., produced 75,000 units...
-
a) Explain the following terms as used in real estate appraisals i. Value in use ii. iii. Liquidation value Insurable value b) Describe the cost approach of real estate valuation c) Explain the...
-
A soft-drink bottler purchases nonreturnable glass bottles from a supplier. The lower specification on bursting strength in the bottles is 225 psi. The bottler wishes to use variables sampling to...
-
Explain these points in detail w.r.t application of control in auditing with examples. 1: Relate data capture control with internal control in auditing with example 2: Relate validation control with...
-
What is the meaning of Shams ~ explain your answer.?
-
of During the year ended 30 Jun 2020, Genny, a resident of Australia, receives a fully franked dividend of $36276 Required: Calculate the amount that must be added to her assessable income in...
-
Examine the evolutionary adaptations of extremophiles to extreme environments, highlighting the molecular and physiological mechanisms that enable their survival.
-
which of the net working capital adjustments has the largest cash effect on 2012 operating cash flows in terms ofabsolute magnitude(can have positive or negative cash effect)? positive or negative...
-
Answers should be brief and concise. Philippine Tax Law 4. A sales employee working for a domestic corporation uses his personal car to visit the customers of the corporation. One day, the employee...
-
Under the product liability theory of recovery known as strict liability, which parties may be held liable? ( ( Answer using the majority rule used in most states. ) ) Question 1 8 options: The...
-
What are the key dimensions of critical thinking 2. Watch the NBC Learn video on Diet Scams. What types of claims are made in this video Are they valid Elaborate on your responses. Discuss this video...
-
The numbers of checked bags on flights between San Francisco and Atlanta. State whether the data described are discrete or continuous and explain why?
-
The speeds of cars as they pass the center of the Golden Gate Bridge. State whether the data described are discrete or continuous and explain why?
-
The numerical scores on a statistics test. State whether the data described are discrete or continuous and explain why?
Study smarter with the SolutionInn App