Full employment occurs when the
A) unemployment rate equals the natural unemployment rate.
B) structural unemployment rate equals the frictional unemployment rate.
C) natural unemployment rate equals the frictional unemployment rate.
D) cyclical unemployment rate equals the natural unemployment rate.
E) structural unemployment rate equals zero.
Correct Answer:
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Q218: During a recession,the average duration of unemployment
Q219: An economic recession produces
A)an increase in cyclical
Q220: Full employment occurs when
A)the unemployment rate is
Q221: Which of the following is true?
A)Real GDP
Q222: At full employment there still exists some
Q224: Potential GDP is reached when
A)unemployment is zero.
B)there
Q225: The natural unemployment rate is
A)another name for
Q226: At the peak of a business cycle,the
A)cyclical
Q227: Full employment means that
A)100 percent of the
Q228: The natural unemployment rate
A)includes only frictional and
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