An economy is at full employment when
A) the unemployment rate is zero.
B) there is no frictional unemployment.
C) the unemployment rate equals the natural unemployment rate.
D) there is no structural unemployment.
Correct Answer:
Verified
Q209: When cyclical unemployment is zero
A) frictional unemployment
Q210: The unemployment rate will never equal zero
Q211: If unemployment is at the natural rate,
Q212: When the economy is operating at full
Q213: The natural unemployment rate
A) is a constant
Q215: The natural unemployment rate
I. occurs when only
Q216: The unemployment rate is at the natural
Q217: Full employment means
A) zero unemployment.
B) only cyclical
Q218: Full employment means that
A) no one is
Q219: The economy is at full employment when
A)
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents