1 pts The government does not consider full employment to mean 100 percent of its citizens are employed because: all of the above conditions can and do exist RATIONALE: The unemployment rate is the percentage of the total labor force that is actually looking for work but is not actually working. some people are not working because jobs are limited, and competition for jobs is intense some people are preparing for later employment by attending school some people are temporarily unemployed while they wait to start new jobs some people choose to stay home to raise children rather than have a job outside the home The average price of construction materials increased by 8.1 percent in 2005. The head of the Home Builders Association said it was due totally to increases in lumber, metal, and labor costs. The 8.1 percent increase is probably an example of: O price gouging deflation O resource munificence O inflation O poor resource utility Question 9 1 pts The unemployment rate is the percentage of the total work force that is not working but is: O physically and mentally able to work laid off, terminated, or downsized due to some economic activity outside of their control actively looking for work drawing unemployment checks on vacation