Which of the Following Is Correct

question 88

Multiple Choice

Which of the following is correct?

• A)Some degree of unemployment is inevitable.
• B)Other things the same an increase in the number of people who are unemployed is associated with a decrease in real GDP.
• C)Cyclical unemployment is inversely related to short-run economic fluctuations in GDP.
• D)All of the above are correct.

---

Definitions:

Income Distribution

The way in which a country’s total income is divided among its population, affecting economic equity and standard of living.

Gini Ratio

is a measure of income inequality within a population, ranging from 0 to 1, where 0 signifies perfect equality and 1 reflects absolute inequality.

Gini Ratio

A measure of income or wealth distribution within a population, indicating inequality where a higher ratio suggests greater disparity.

Population B

This term on its own lacks context; typically, it would refer to a specific group or subset within a larger population in a study or model.