Solved

Full Employment

Question 123

Multiple Choice

Full employment:


A) means that 100 percent of the labor force is working.
B) means that only the frictionally unemployed are out of work.
C) occurs when approximately 90 percent of the labor force is working.
D) occurs at a rate of unemployment which is universally agreed on and has not changed over the years.

Correct Answer:

verifed

Verified

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

Related Questions