At Full Employment There Still Exists Some Unemployment Because

question 34

Multiple Choice

At full employment there still exists some unemployment because

• A) the Australian economy is constantly creating and destroying jobs.
• B) it is unnatural to have all people work 35 hours per week.
• C) there are always people too old or young to be in the labour force.
• D) real GDP can never exceed potential GDP.
• E) some portion of our population will always be too lazy to work.

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Definitions:

Technetium

A radioactive chemical element with symbol Tc and atomic number 43, noteworthy for being the first element to be artificially produced.

Continuous Spectrum

A type of emission spectrum showing an uninterrupted band of colors from red to violet, typically emitted by an incandescent solid, liquid, or gas under pressure.

Wavelengths

The distance between consecutive peaks (or troughs) in a wave, often used in the context of electromagnetic radiation.

Ground State

The lowest energy state of an atom or other particle, which is the most stable and preferred configuration.