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Which of the Following Best Describes an Economy with Full

Question 45

Multiple Choice

Which of the following best describes an economy with full employment?


A) "Everyone who is looking for a job will have one."
B) "No person is unemployed for whatever reason."
C) "Full employment occurs only when the economy has a zero percent unemployment rate."
D) "The level of unemployment that corresponds to the normal friction in the labor market."

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