Zero Unemployment Is

question 40

Multiple Choice

Zero unemployment is

• A) only possible in recessions.
• B) not possible.
• C) only possible in expansions.
• D) the goal of macroeconomic policymakers.
• E) ideal for economic growth.

Understand the concepts of markets, including the roles of buyers and sellers.

Grasp the definition and distinction between markets and industries.

Recognize the factors that affect market prices and competition.

Identify key factors that determine the geographic extent of markets.

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Definitions:

Dimensional-analysis

A method in physics and engineering to check or determine the relationship between different kinds of physical quantities by identifying their dimensions of measurements.

Circuits

Electrical pathways through which electric current flows.

Mile

A unit of distance equal to 5,280 feet or approximately 1,609 meters.

Dimensional Analysis

A mathematical technique used to convert units of measurement.