Which of the Following Is True

question 239

Multiple Choice

Which of the following is true?

• A)When a dynamic labor market is operating efficiently,mostly cyclical unemployment will be present.
• B)Some unemployment will be present even when a dynamic labor market is operating efficiently.
• C)When full employment is present,the rate of unemployment will be zero.
• D)When full employment is present,there will not be any frictional unemployment.
• E)When full employment is present,it will be impossible to sustain the current rate of output in the future.

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Definitions:

Human Resource Management

The strategic approach to the effective management of people in a company or organization so that they help the business gain a competitive advantage.

Mergers And Acquisitions

The process of consolidating companies or assets, where 'mergers' is the combination of companies and 'acquisitions' is one company taking over another.

Effective

Achieving desired outcomes or goals with the least waste of time and effort; efficiency in action or use.

Excise Tax

A tax charged on specific goods and services, such as alcohol, tobacco, and fuel.