Full employment occurs when
A) structural unemployment is zero.
B) cyclical unemployment is zero.
C) frictional unemployment is zero.
D) cyclical and frictional unemployment are zero.

Question

Quizplus · Accepted Answer

Full employment occurs when there is no cyclical unemployment, meaning the unemployment that is due to economic downturns or recessions is eliminated. Structural and frictional unemployment can still exist at full employment.

Full Employment Occurs When