Zero unemployment:
A) is only possible in recessions.
B) is not possible.
C) is only possible in expansions.
D) is the goal of macroeconomic policymakers.
E) is ideal for economic growth.

Question

Quizplus · Accepted Answer

While zero unemployment may sound ideal, it is not possible in reality as there will always be some degree of frictional and structural unemployment due to factors such as job turnover, skill mismatches, and changes in technology and industry. Aim for full employment or a low unemployment rate instead.

Zero Unemployment