Economists consider an economy to be at "full employment" when
A) the unemployment rate equals the natural rate of unemployment.
B) there is only a small amount of cyclical unemployment.
C) there is no frictional unemployment.
D) there is no structural unemployment.
Correct Answer:
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Q58: At full employment the unemployment rate equals
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Q61: As compared to the estimates of the
Q64: Structural unemployment exists because workers and employers
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Q67: Unemployment occurs even during periods when the
Q68: Name the three types of unemployment.
Q102: What is cyclical unemployment?
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