Solved

Which of the Following About Unemployment Is True

Question 22

Multiple Choice

Which of the following about unemployment is true?


A) When a dynamic labor market is operating efficiently, mostly cyclical unemployment will be present.
B) Some unemployment will be present even when a dynamic labor market is operating efficiently.
C) When full employment is present, the rate of unemployment will be zero.
D) When full employment is present, there will not be any frictional unemployment.
E) When full employment is present, it will be impossible to sustain the current rate of output in the future.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions