Historical evidence shows that the unemployment rate in Canada has
A) reached zero during wartime.
B) reached zero only during World War II.
C) reached zero during economic booms.
D) never reached zero.

Question

Quizplus · Accepted Answer

The unemployment rate in Canada has never reached zero, even during periods of economic boom or wartime. There are always some levels of frictional, structural, or cyclical unemployment present in the economy.

Historical Evidence Shows That the Unemployment Rate in Canada Has