In recent years, economists have come to believe that full employment in the U.S. economy occurs at an unemployment rate between:
a. 1.0 and 2.0 percent.
b. 2.5 and 3.5 percent.
c. 4.5 and 5.5 percent.
d. 6.5 and 7.5 percent.
c
You might also like to view...
U.S. imports of sugar are limited by an import quota that, according to a study updated in 2013, imposed a total cost on American consumers close to $________, or an average cost of ________ per year for every man, woman, and child in the country
A) $3 billion; $10 B) $105 million; $3 C) $2 billion; $110 D) $3 billion; $2,000 E) $370 million; $2,000
The Bureau of Labor Statistics' household survey and establishment survey both yield information about unemployment
a. True b. False Indicate whether the statement is true or false
Why has the earnings gap between better and less educated workers widened?
It generally costs advertisers more to run a commercial on television in the evening than in the morning because
A) it costs stations and networks more to broadcast any given commercial in the evening. B) overtime wage rates must usually be paid in the evening. C) stations and networks ignore their own costs in setting their prices. D) the government regulates television content but not prices.