A country must always have an absolute advantage in some product

What does full employment mean?

(A) There is no cyclical unemployment. (B) Those who want to work have full-time jobs. (C) Every person who wants to work has a job. (D) Approximately 80 percent of people have jobs.

If the level of output produced by the firms in a perfectly competitive market has no effect on the prices of the inputs used by the firms, the market supply curve will be flatter than the supply curve for an individual firm in the market

Indicate whether the statement is true or false