Which of the Following Statements About Full Employment Is True

question 109

Multiple Choice

Which of the following statements about full employment is true?

• A)Liberal economists insist that an unemployment rate of 4 percent constitutes full employment.
• B)Conservative economists feel that an unemployment rate of 6 percent is a realistic portrayal of full employment.
• C)Economists cannot agree on what constitutes full employment,thus 5% represents a reasonable compromise.
• D)All of these choices are true.

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Definitions:

Witness

An individual who observes an event take place, often providing their account or testimony regarding what occurred.

Context Cues

Environmental or situational indicators that aid in the recognition, recall, or understanding of information or behaviors.

Overwhelmed

A state of being overcome by intense feelings, thoughts, or experiences that are too difficult to manage.

Elementary School

A primary education institution where children receive the first stage of compulsory education known as elementary or primary education.