Which of the Following Is True of an Economy at Full

question 14

Multiple Choice

Which of the following is true of an economy at full employment?

• A)There is no job turnover in the economy.
• B)The unemployment rate in the economy is equal to the natural rate of unemployment.
• C)The economy's labor and capital are not fully utilized.
• D)An increase in price level increases the full-employment level of output.

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Definitions:

Overload Principle

A fundamental fitness concept that to improve physical fitness, the body or specific muscles must be gradually stressed by working against a load or resistance higher than what it's accustomed to.

Muscle Fitness

Refers to the strength, endurance, and overall health of a person's muscles.

Isokinetic

Describes exercises performed with a specialized apparatus that provides variable resistance to a movement, so the speed of the movement is consistent.

Static Training

An exercise method focusing on holding a position or muscle contraction for a period of time without movement to improve strength and endurance.