Full employment exists when
A) the economy is at the natural unemployment rate.
B) there is only frictional and structural unemployment.
C) there is no cyclical unemployment.
D) All of the above answers are correct.

Question

Quizplus · Accepted Answer

Full employment exists when there is no cyclical unemployment, which means that the economy is at the natural unemployment rate, and there is only frictional and structural unemployment. Therefore, all of the above answers are correct.

Full Employment Exists When