Which of the Following Statements Is True

question 11

Multiple Choice

 Which of the following statements is true?

• A)Xie was born about 1852.
• B)As a noble,he traveled across much of Asia.
• C)Xie was born in the Guangdong province of South China.
• D)Sold into slavery,he ended up in India.
• E)Hai-lu was written by Xie after he was forced to retire because of blindness.

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Definitions:

Natural Rate

The long-term rate of unemployment around which the job market is in balance, where all those willing to work at prevailing wage rates can find employment.

Policymakers

Individuals or groups responsible for making decisions and creating policies for political, economic, or social systems.

Natural Rate

Often referred to in the context of unemployment, it is the long-term rate of unemployment that an economy experiences even when it is operating at a full capacity.

Natural Rate

The long-term unemployment rate that is observed once the effect of short-term cyclical factors has been removed and is thought to be due to structural factors in the economy.