Multiple Choice
According to the text, economists consider full employment to occur when
A) everyone who wants a job has a job.
B) frictional unemployment equals zero.
C) the sum of frictional unemployment and structural unemployment equals zero.
D) the unemployment rate consists of only frictional and structural unemployment.
E) structural unemployment is less than 2 percent.
Correct Answer:
Verified
Correct Answer:
Verified
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