Which of the Following Is True About Unemployment

question 46

Multiple Choice

Which of the following is true about unemployment?

• A)the benchmark high-employment level is most likely between 3 and 4 percent
• B)In recent years,the appropriate benchmark high-employment level has risen.
• C)Based on the experience of the 1960s,a 7 percent unemployment rate was too low to be sustained without a buildup of inflationary pressure
• D)During the 1970s,the benchmark high-employment level rose but this was not observed by economists at the time.

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Definitions:

Brain

The organ located in the skull that coordinates and controls activities of the nervous system such as movement, temperature, emotion, and thought processes.

Motor Pathway Neurons

are nerve cells that carry action potentials from the central nervous system towards muscles to cause movement.

Autonomic Nervous System

The segment of the nervous system that regulates involuntary body functions, including respiration, cardiac rhythm, and digestion.

Sensory Pathway Neurons

Nerve cells involved in the transmission of sensory information from the body's receptors to the brain.