Which of the Following Statements Is False

question 164

Multiple Choice

Which of the following statements is false?

• A) If the economy is self-regulating,wages are flexible.
• B) The frictional unemployment rate equals the natural unemployment rate minus the structural unemployment rate.
• C) If the economy is producing Natural Real GDP,it is operating at the natural unemployment rate.
• D) The economy is operating at full employment if it is producing more than Natural Real GDP.

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Definitions:

Predecessor's Will

The intentions or directives left by someone in a position of authority (such as a leader or a predecessor) to be followed by their successor.

Chinese Nuclear

Pertaining to the development, maintenance, and policies regarding nuclear weapons and energy in China.

Ho Chi Minh Trail

A network of paths and roads used by North Vietnam during the Vietnam War to transport troops and supplies to the Viet Cong in South Vietnam.

Underground

Operating secretly, especially as part of a resistance movement, subculture, or in illegal activities.