Full employment means that
A) there is no cyclical unemployment.
B) there is no cyclical or frictional unemployment.
C) there is no structural or frictional unemployment.
D) no one is unemployed.
Correct Answer:
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Q187: Recessions and expansions affect most strongly which
Q188: Full employment occurs
A) only if the unemployment
Q189: Full employment occurs when the
A) structural unemployment
Q190: A recession causes a decrease in the
Q191: An observer of the economy notices that
Q193: Auto and steel workers commonly experience this
Q194: If the economy enters a recession,
A) frictional
Q195: Cyclical unemployment_ during expansions and _during recessions.
A)
Q196: Full employment occurs when
A) there is no
Q197: Bill is a high-school drop out who
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