During healthy economic periods:
A) only frictional and structural unemployment exist.
B) only cyclical unemployment exists.
C) only frictional unemployment exists.
D) only structural unemployment exists.
E) only structural and cyclical unemployment exist.

Question

Quizplus · Accepted Answer

During healthy economic periods, the economy is typically at or near full employment, meaning that cyclical unemployment is minimal or nonexistent. Only frictional and structural unemployment, which are natural and always present to some extent, exist.

During Healthy Economic Periods