Canada's economy is considered to be at "full employment" when:
A) 90 percent of the total population is employed.
B) 90 percent of the labour force is employed.
C) about 6-7 percent of the labour force is unemployed.
D) 100 percent of the labour force is employed.
Correct Answer:
Verified
Q44: The type of unemployment associated with recessions
Q59: Structural unemployment
A) is also known as frictional
Q73: The descriptions give the responses of four
Q76: Cyclical unemployment is the result of:
A)expansion in
Q77: Dr.Homer Simpson, an economics professor, decided to
Q79: If the unemployment rate is 9 percent
Q80: The descriptions give the responses of four
Q81: At the economy's natural rate of unemployment:
A)the
Q82: Okun's law:
A)measures the tradeoff between the rate
Q83: When the unemployment rate is relatively high,
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents