An economy is at full employment when__________ .
A) the unemployment rate is zero
B) the unemployment rate equals the natural unemployment rate
C) there is no structural unemployment
D) there is no frictional unemployment
Correct Answer:
Verified
Q204: The natural unemployment rate_
i. occurs when only
Q205: When the economy moves into and out
Q206: If unemployment is at the natural rate,
Q207: The natural unemployment rate_
A) is the unemployment
Q208: When cyclical unemployment is zero,
A) the unemployment
Q210: When cyclical unemployment increases and other things
Q211: When the economy is at full employment
Q212: Suppose the natural unemployment rate equals 6
Q213: An unemployment rate of zero percent cannot
Q214: Full employment exists when
A) the economy is
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