When an Economy Is Operating at Its Full Employment Rate

question 93

Multiple Choice

When an economy is operating at its full employment rate of output,

• A)the rate of unemployment will be zero.
• B)output will exceed the economy's maximum sustainable rate.
• C)the actual rate of unemployment will equal the natural rate.
• D)the economy's potential rate of output will exceed actual GDP.

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Definitions:

Chemotherapy

A type of cancer treatment using one or more anti-cancer drugs as part of a standardized chemotherapy regimen to kill or stop the growth of cancer cells.

Natural Remedy

Treatment or therapy using natural ingredients or practices to heal or maintain health.

Nausea

A stomach discomfort and the sensation of wanting to vomit.

Hospice Care

A type of care and philosophy that focuses on the palliation of a chronically ill, terminally ill, or seriously ill patient's pain and symptoms.