If the Economy Were at Its Potential Output Level,which of the Following

question 133

Multiple Choice

If the economy were at its potential output level,which of the following would not be true?

• A)The actual unemployment rate would be greater than the natural rate.
• B)The labor market would be in equilibrium.
• C)There would be some seasonal unemployment.
• D)There would be some frictional unemployment.
• E)There would be some structural unemployment.

---

Definitions:

Serial Bonds

Serial bonds refer to a type of bond issue that is divided into several parts, each maturing at different intervals over a period of time, allowing the issuer to phase out the repayment over several years.