At full employment, there is no
A)structural unemployment.
B)unemployment.
C)frictional unemployment.
D)cyclical unemployment.
E)natural unemployment.

Question

Quizplus · Accepted Answer

At full employment, the economy operates without cyclical unemployment, which is associated with economic downturns or recessions. Structural and frictional unemployment can still exist as they are part of the natural rate of unemployment.

At Full Employment, There Is No