When an economy is operating at full employment, _____
a. structural unemployment does not exist
b. cyclical unemployment does not exist
c. the unemployment rate is zero
d. seasonal unemployment does not exist
e. the number of discouraged workers is zero
b
Economics
You might also like to view...
Travel insurance (which pays a traveler if the traveler needs to cancel his or her trip) has a clause that states it will not pay if the trip is cancelled because of a pre-existing condition
If sick people are more likely to purchase travel insurance, this clause is meant to A) reduce moral hazard. B) reduce adverse selection. C) increase moral hazard. D) increase adverse selection.
Economics
Slope is measured as rise/run
a. True b. False Indicate whether the statement is true or false
Economics