Full employment is not considered to be zero unemployment,because
A)some cyclical unemployment always exists.
B)some people do not want a job.
C)there are not enough jobs for everyone who wants one.
D)people do not find jobs instantaneously.

Question

Quizplus · Accepted Answer

Full employment acknowledges the existence of frictional unemployment, which occurs when people are between jobs or are entering the workforce. This means that even when the economy is at full employment, there will still be some level of unemployment because people are in the process of finding new jobs, not because there are no jobs available.

Full Employment Is Not Considered to Be Zero Unemployment,because