Multiple Choice
"Full employment" refers to the situation when there is
A) 100 percent employment of the labor force.
B) 0 percent unemployment rate.
C) no frictional or structural unemployment.
D) no cyclical unemployment.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q276: Which of the following groups has traditionally
Q277: The full-employment unemployment rate for the United
Q278: If the unemployment rate for the U.S.
Q279: Cost-push inflation may be caused by<br>A) a
Q280: Kevin has lost his job in an
Q282: Unemployment involving a mismatch of the skills
Q283: Which statement is correct?<br>A) All sectors of
Q284: Suppose that a person's nominal income rises
Q285: Which of the following statements is true
Q286: Some economists prefer to use the term