When the rate of cyclical unemployment is zero, the
A) natural rate of unemployment must also be zero.
B) rate of frictional unemployment must be negative.
C) economy must have entered a recessionary stage.
D) economy is considered to be at full employment.
Correct Answer:
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Q32: Which of the following is true of
Q33: In a modern dynamic economy such as
Q34: Economists define full employment as the level
Q35: The economy is considered to be at
Q36: Actual GDP will be below potential GDP
A)
Q38: During an economic boom,
A) the actual rate
Q39: Which of the following about unemployment is
Q40: The natural rate of unemployment
A) is a
Q41: The actual rate of unemployment will generally
A)
Q42: Which of the following will most likely
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