Multiple Choice
Do policy makers know the level of unemployment that is associated with "full employment"?
A) Yes, economists have the precise level of unemployment that is full employment.
B) Yes, although there is a small range of uncertainty in this measure.
C) No, economists have no idea what this level of unemployment is.
D) No, this number is not known with complete accuracy.
Correct Answer:
Verified
Correct Answer:
Verified
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