Suppose the Economy Is at Its Potential Output Level

question 156

Multiple Choice

Suppose the economy is at its potential output level.Which of the following best characterizes the unemployment rate?  

• A) It is at the natural rate. 
• B) It is greater than its natural rate. 
• C) It is less than its natural rate. 
• D) It would include only those people who do NOT have enough work.

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Definitions:

Transfer of Training

The application of skills, knowledge, and behaviors learned in a training environment to the job context.

Trainers

Professionals who facilitate learning and development activities to improve individuals' skills and knowledge for personal or professional growth.

Activities

Tasks, exercises, or actions performed as part of a process or in order to achieve a particular outcome.

Transfer of Training

The effective application of skills, knowledge, or behaviors learned in a training context to the job or work environment.