If the economy is at full employment,
A) the entire population is employed.
B) the entire labour force is employed.
C) the only unemployment is frictional unemployment plus discouraged searchers.
D) real GDP equals potential GDP.
E) all unemployment is cyclical and structural.
Correct Answer:
Verified
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
Q67: Use the information below to answer the
Q69: People become unemployed when they
A)retire.
B)are on maternity
Q70: Some unemployment is unavoidable because
A)people are making
Q71: If the number of discouraged searchers decreases
Q72: Suppose the economy is experiencing frictional unemployment
Q73: The three types of unemployment are
A)frictional, structural,
Q79: Henelyn lost her job as a factory
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