The unemployment rate will never equal zero percent because
A) there are some people who do not want to work.
B) there will always be discouraged workers.
C) some portion of the labor force will always be between jobs.
D) cyclical unemployment will always exist.
Correct Answer:
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Q205: When economists speak of full employment, they
Q206: When the economy is at full employment
Q207: The natural unemployment rate
A) falls with an
Q208: Suppose the natural unemployment rate equals 6
Q209: When cyclical unemployment is zero
A) frictional unemployment
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
Q214: An economy is at full employment when
A)
Q215: The natural unemployment rate
I. occurs when only
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