Use the Following to Answer Questions

question 155

Multiple Choice

Use the following to answer questions:
-(Figure: Actual and Natural Rates of Unemployment) Refer to Figure: Actual and Natural Rates of Unemployment. In 2011 the output gap was:

• A) positive.
• B) negative.
• C) zero.
• D) impossible to determine without more information.

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Definitions:

Employee

An individual who is hired by an employer to perform designated tasks in exchange for compensation.

Employment References

Professional contacts or prior employers who can vouch for a job applicant's work ethic, skills, and experiences.

Employee Evaluation

A formal assessment process in which the performance of an employee is reviewed and discussed, typically to make decisions about promotions, raises, and development.