Which of the following annual real GDP growth rates would be needed to prevent the U.S. unemployment rate from rising?

Under a flexible exchange rate system, exchange rates are determined by free markets

Indicate whether the statement is true or false

Which of the following persons would be considered unemployed?

A) None of the above are considered unemployed. B) Nick, a union member on strike at his factory because he demands better job benefits. C) Jack, not having worked in eight months, feels hopeless, which is why he does not bother applying for jobs. D) Beth, laid off from her job as a mechanic, chose to return to school instead of looking for another job.