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If the Economy Is at Full Employment, Then the

Question 173

Multiple Choice

If the economy is at full employment, then the


A) entire working age population is employed.
B) entire labour force is employed.
C) only unemployment is frictional unemployment plus discouraged and involuntary part-time workers.
D) official unemployment rate is less than 9 percent.
E) only unemployment is frictional, structural, and seasonal unemployment.

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