At Potential Real GDP

question 87

Multiple Choice

At potential real GDP:

• A)there is zero unemployment.
• B)there is no seasonal unemployment.
• C)there is no frictional unemployment.
• D)unemployment is at its natural rate.
• E)cyclical unemployment equals approximately 5 percent.

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Definitions:

Compensatory Damages

Financial compensation awarded to a plaintiff to offset injuries or losses caused by the defendant's actions.

Injunctive Relief

A legal remedy in the form of a court order requiring a party to do or refrain from doing specific acts, used to prevent irreparable harm or to preserve the status quo.

Federal Employee Polygraph Protection Act

A United States federal law enacted in 1988 that prohibits most private employers from using lie detector tests, either for pre-employment screening or during the course of employment.

Lie Detector Tests

A scientific method attempted to determine if a person is telling the truth or lying by measuring physiological responses to questions, also known as polygraph tests.