Which of the Following Is True

question 135

Multiple Choice

Which of the following is true?

• A)The natural rate of unemployment is present when the economy is operating at full employment.
• B)The natural rate of unemployment is equal to the number of persons unemployed divided by the number of persons in the labor force.
• C)The natural rate of unemployment is primarily the result of the ups and downs of the business cycle.
• D)Public policy cannot influence the natural rate of unemployment.

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Definitions:

Inception

The beginning point or establishment of an activity, agreement, or document.

U.S.GAAP

The collection of authoritative standards and principles for financial accounting and reporting in the United States, established by the Financial Accounting Standards Board.

IFRS

International Financial Reporting Standards; a set of accounting standards developed by the International Accounting Standards Board (IASB) aiming at standardizing financial reporting across the globe.

Liquidity

A measure of a company's ability to pay off its short-term liabilities with its available cash and quick assets.