If the economy is at full employment, then
A) the entire population is employed.
B) the entire labour force is employed.
C) the only unemployment is frictional unemployment plus discouraged workers.
D) the unemployment rate is less than 3 percent.
E) all unemployment arises from normal frictions and structural change.
Correct Answer:
Verified
Q55: Which one of the following people is
Q56: Use the table below to answer the
Q57: At full employment, there is no
A)natural unemployment.
B)unemployment.
C)cyclical
Q58: A zero percent unemployment rate
A)is one of
Q59: Full employment does not mean that there
Q61: Frictional unemployment
A)includes discouraged searchers.
B)is voluntary part-time unemployment.
C)includes
Q62: When the unemployment rate is less than
Q63: Use the information below to answer the
Q64: People end unemployment when they
A)retire from a
Q65: Suppose that the natural unemployment rate is
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