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Full Employment in the U.S.economy Means That

Question 8

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Full employment in the U.S.economy means that


A) Frictional unemployment has been reduced to zero.
B) The total unemployment rate has been reduced to zero.
C) The economy has reached the lowest level of unemployment compatible with price stability.
D) Structural unemployment has reached its minimum as a result of increased spending,and the economy is moving toward the peak of the business cycle.

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