The Rate of Unemployment When the Economy Is at Its

question 165

Multiple Choice

The rate of unemployment when the economy is at its potential output is called the

• A) full-employment rate of unemployment.
• B) natural rate of unemployment.
• C) structural rate of unemployment.
• D) frictional rate of unemployment.

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Definitions:

Physiological Signs

Observable or measurable bodily functions or responses indicating the state of an individual's health or bodily condition.

Classical Conditioning

A conditioning method wherein a response, at first prompted by a second stimulus, is eventually prompted by the first stimulus after multiple associations between the two.

Disulfiram (Antabuse)

An antagonist drug used in treating alcohol abuse or dependence.

Operant Conditioning

An educational method where the intensity of an action is altered by either rewards or penalties.