The economy is at full employment when
A) there are no unemployed workers.
B) all unemployment is frictional or structural.
C) all unemployment is cyclical.
D) there are fewer unemployed workers than available jobs.
Correct Answer:
Verified
Q198: The primary factor leading to cyclical unemployment
Q199: When the economy switches production toward services
Q200: How would you best describe a manufacturing
Q201: Recessions and expansions affect most strongly which
Q202: Full employment means that
A) no one is
Q204: An observer of the economy notices that
Q205: Auto and steel workers commonly experience this
Q206: A recession causes a decrease in the
Q207: Full employment occurs when the
A) structural unemployment
Q208: If the economy enters an expansion,
A) cyclical
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