Which Statement Is Consistent with the Tenth Principle of Economics

question 113

Multiple Choice

Which statement is consistent with the tenth principle of economics?

• A) If we increase the rate of inflation from 3 percent to 6 percent, then the rate of unemployment will temporarily fall.
• B) If we increase the rate of inflation from 3 percent to 6 percent, then the rate of unemployment will temporarily rise.
• C) If we increase the rate of inflation from 3 percent to 6 percent, then the rate of unemployment will permanently fall.
• D) If we increase the rate of inflation from 3 percent to 6 percent, then the rate of unemployment will permanently rise.

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Definitions:

Agricultural Employment

Employment in the cultivation and production of crops, raising of livestock, and other activities related to farming.

Minority Applicants

Individuals seeking employment or entrance to educational programs who are part of a racial, ethnic, or possibly a demographic minority within the relevant population.

Affirmative Action

Policies or measures favoring those who tend to suffer from discrimination, especially related to employment or education.

Hiring Goals

Objectives set by an organization to guide its recruitment efforts, often aimed at increasing diversity or filling specific skill gaps within the workforce.