At full employment there is no
A) structural unemployment.
B) cyclical unemployment.
C) frictional unemployment.
D) all of the above

Question

Quizplus · Accepted Answer

At full employment, the economy operates at its potential output level, and there is no cyclical unemployment, which is associated with economic downturns. Structural and frictional unemployment can still exist even when the economy is at full employment.

At Full Employment There Is No