1. Real GDP is GDP adjusted to inflation. A) True B) False 2. Unemployment rate is the percentage of people in the population that are unemployed. A) True B) False 3. Frictional unemployment is the...

Economic

1. Real GDP is GDP adjusted to inflation.<br>A) True<br>B) False<br>2. Unemployment rate is the percentage of people in the population that are unemployed.<br>A) True<br>B) False<br>3. Frictional unemployment is the unemployment that takes place when there is mismatch between the<br>skills and the requirements needed for available jobs in the market.<br>A) True<br>B) False<br>4. Natural rate of unemployment is amount of unemployment that is unavoidable.<br>A) True<br>B) False<br>

Extracted text: 1. Real GDP is GDP adjusted to inflation. A) True B) False 2. Unemployment rate is the percentage of people in the population that are unemployed. A) True B) False 3. Frictional unemployment is the unemployment that takes place when there is mismatch between the skills and the requirements needed for available jobs in the market. A) True B) False 4. Natural rate of unemployment is amount of unemployment that is unavoidable. A) True B) False

Jun 08, 2022

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1. Real GDP is GDP adjusted to inflation. A) True B) False 2. Unemployment rate is the percentage of people in the population that are unemployed. A) True B) False 3. Frictional unemployment is the...

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