The Frictional Unemployment Rate Is 2

question 152

Multiple Choice

The frictional unemployment rate is 2.5 percent,the structural unemployment rate is 3.1 percent,and the current unemployment rate (in the economy) is 5.6.The economy is in

• A) an inflationary gap producing more than Natural Real GDP.
• B) a recessionary gap producing more than Natural Real GDP.
• C) an inflationary gap producing Natural Real GDP.
• D) a recessionary gap producing less than Natural Real GDP.
• E) long-run equilibrium.

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Definitions:

X-linked Disease

Genetic conditions that are caused by mutations in genes on the X chromosome, often affecting males more severely than females.

XX Chromosome Pattern

The genetic configuration characteristic of female biological sex, consisting of two X chromosomes.

XY Chromosome Pattern

A chromosomal configuration in humans that typically determines male biological sex, consisting of one X chromosome and one Y chromosome.

Chromosomal Pattern

The arrangement and number of chromosomes within the cell of an organism that determines its genetic makeup.