Gary Has a Mental Age of Ten and a Chronological

question 108

True/False

Gary has a mental age of ten and a chronological age of ten.Gary's IQ is 100.

---

Definitions:

Unemployment Rate

The proportion of the labor force that remains unemployed and is actively looking for ways to gain employment.

Cyclical Unemployment

Unemployment caused by the downturns of the economic cycle, such as recessions.

Natural Rate of Unemployment

The level of unemployment consistent with a stable rate of inflation, caused by the supply and demand for labor adjusting to various market factors.

Actual Rate of Unemployment

The proportion of the labor force that is jobless and actively looking for employment at any given time.