Full employment describes the condition in which
a. 100 percent of the civilian labor force is employed.
b. 95 to 96 percent of the civilian labor force is employed.
c. there is no frictional unemployment.
d. unemployment is 10 percent or less.
b. 95 to 96 percent of the civilian labor force is employed.
You might also like to view...
High-income countries such as the United States spend a greater amount on services as compared to goods
Indicate whether the statement is true or false
Pessimists among the classical economists were least able to foresee the continual advancement in
a. managerial techniques b. technology c. birth control methods d. geographic discovery e. all of the above
Using the Gordon growth model, a stock's current price decreases when
A) the dividend growth rate increases. B) the required return on equity decreases. C) the expected dividend payment increases. D) the growth rate of dividends decreases.
To protect themselves from the effects of inflation, lenders try to estimate the expected rate of inflation.
Answer the following statement true (T) or false (F)