When full employment is present in the United States:
A. the rate of unemployment will fall to zero.
B. the actual rate of unemployment will be less than the natural rate of unemployment.
C. approximately 95 percent of the adult population will be employed.
D. approximately 95 percent of the labor force will be employed.
Answer: D
Economics
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Those on Medicare also automatically receive supplemental medical insurance
Indicate whether the statement is true or false
Economics
Figure 10-1
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If the price level in Figure 10-1 were 120,
A. there would be excess goods on the market. B. firms would have to raise their prices. C. inventories would be disappearing. D. aggregate quantity demanded would exceed aggregate quantity supplied.
Economics