logo
menu
Sign up
  1. Topics
  2. Business
  3. Economics Study Set 4
  4. Quiz 20: Unemployment and Inflation

If Cyclical Unemployment Is Eliminated in the Economy,then

Question 43
Multiple Choice

If cyclical unemployment is eliminated in the economy,then A) the economy is considered to be at full employment. B) the unemployment rate is below the natural rate of unemployment. C) the unemployment rate is above the natural rate of unemployment. D) the economy is at less than full employment.

Related questions
Q 44
Full employment is not considered to be zero unemployment,because A) some cyclical unemployment always exists. B) some people do not want a job. C) there are not enough jobs for everyone who wants one. D) people do not find jobs instantaneously.
Q 45
The natural rate of unemployment is the amount of unemployment A) associated with the business cycle. B) equal to frictional plus structural unemployment. C) that exists when the economy goes into recession. D) that exists when the economy is in an expansion.
Q 46
During the Great Depression,cyclical unemployment increased as the recession continued.This increase in cyclical unemployment A) increased the natural rate of unemployment. B) decreased the natural rate of unemployment. C) had no effect on the natural rate of unemployment. D) could have increased or decreased the natural rate of unemployment.
logo
QuizPlus
  • About
  • How it work
  • Pricing
Links
  • Privacy Policy
  • Terms And Conditions
  • Refund Policy
Contact Us
  • info@quizplus.com
© 2020 QuizPlus. All Right Reserved