Which of the Following Statements Is Correct? I

question 219

Multiple Choice

Which of the following statements is correct? I. If other factors are held constant, the level of employment in the economy determines real Gross Domestic Product (GDP) .
II) According to classical economists, only voluntary unemployment exists in the long run.

• A) I only
• B) II only
• C) Both I and II
• D) Neither I nor II

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Definitions:

Ethnic Group

A community or population made up of people who share a common cultural background, ancestry, history, language, or social experiences.

U.S. Population

The total number of people living in the United States, encompassing various ethnicities, cultures, and socio-economic groups.

Adolescents

Young people in the transitional stage of physical and psychological development that generally occurs during the period from puberty to legal adulthood.

Protective Factors

Conditions or attributes in individuals, families, communities, or the larger society that help people deal more effectively with stressful events and mitigate or eliminate risk.