The Unemployment Rate That Exists When the Economy Is at Potential

question 120

Multiple Choice

The unemployment rate that exists when the economy is at potential GDP is called

• A)the natural rate of unemployment.
• B)cyclical unemployment.
• C)deflation-based unemployment.
• D)zero-rate unemployment.

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Definitions:

Guilt

An emotional state that occurs when a person believes or realizes they have violated a moral standard or caused harm.

Anti-Smoking

Opposing or combating the consumption of tobacco products and the act of smoking.

Activity

refers to a state of doing something or being active, which can range from physical movements to mental tasks.

Happiness

A state of well-being and contentment characterized by positive emotions ranging from contentment to intense joy.