Full employment is defined by all economists as precisely 5 percent of the labor force.
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Q3: Cyclical unemployment occurs when real GDP falls
Q4: Unemployment insurance benefits the macroeconomy by supporting
Q5: Unemployment rates differ widely among various groups
Q6: The unemployment rate for married men is
Q7: As capital goods depreciate, potential output falls.
Q9: Frictional unemployment will typically be a short-term
Q10: Given the labor force, either more capital
Q11: Someone unemployed for a long period of
Q12: Small differences in economic growth rates translate
Q13: Economists generally assume that faster economic growth
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