Which of the Following Statements About Full Employment Is Correct

question 391

Multiple Choice

Which of the following statements about full employment is correct? I. Full employment means that the unemployment rate is less than 1/2 of 1 percent.
II) Full employment means that the transaction costs associated with getting a job are zero.

• A) I only
• B) II only
• C) Both I and II
• D) Neither I nor II

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Definitions:

Dreams

Successions of images, ideas, emotions, and sensations occurring involuntarily in the mind during certain stages of sleep.

Waking Hours

The period of the day during which an individual is awake and engaging in activities, as opposed to sleeping.

Hidden Observer

A concept in hypnosis suggesting that a part of the mind remains aware and observes when the rest of the mind is under hypnosis.

Hilgard

Hilgard refers to Ernest Hilgard, a psychologist known for his research on hypnosis, especially his theory of a "hidden observer" in the hypnotic state.