Chapter 15
1 Question
| Attempts: 32
Macroeconomics chapter 15
Questions and Answers
- 1.
If the economy is at full employment, then the unemployment rate
- A.
Is below the natural unemployment rate
- B.
Is equal to the natural unemployment rate
- C.
Can be anywhere on a short - run Philips curve
- D.
Is greater than the natural unemployment rate
- E.
Is equal to zero
Correct Answer
B. Is equal to the natural unemployment rate -
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Dec 31, 2012Quiz Edited by
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Apr 27, 2009Quiz Created by
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