Which of the Following Statements Is Not True

question 117

Multiple Choice

Which of the following statements is not true?

• A)The potential growth rate in the U.S.has recently been approximately 3% per year
• B)Periods of growth below the potential level are periods of low unemployment
• C)Periods of growth above the potential level are periods of low employment
• D)Periods of growth below the potential level are periods of high unemployment

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Definitions:

Governing Framework

The system of rules, practices, and processes by which a government is directed and controlled.

Full Faith

A clause in the U.S. Constitution (Full Faith and Credit Clause) requiring each state to recognize the public acts, records, and judicial proceedings of every other state.

Tenth Amendment

An amendment to the U.S. Constitution stating that the powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people.

Federal Government

The national government of the United States, composed of three branches: legislative, executive, and judicial.