Full employment means that
A) the unemployment rate is below 6 percent.
B) there is no cyclical unemployment.
C) the unemployment rate is zero.
D) the frictional unemployment rate is equal to the structural unemployment rate.
E) there is no frictional unemployment.
Correct Answer:
Verified
Q233: The natural unemployment rate is
A)equal to the
Q234: Potential GDP is the level of output
Q235: Potential GDP is
A)the value of the maximum
Q236: The natural unemployment rate is the unemployment
Q237: If the unemployment rate is less than
Q239: Natural unemployment equals the sum of
A)cyclical and
Q240: The natural unemployment rate occurs
A)at the full
Q241: Who is cyclically unemployed?
A)Casey,who lost his job
Q242: At full employment,there is no
A)unemployment.
B)frictional unemployment.
C)structural and
Q243: After the passage of the North American
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