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Author Question: The term full employment implies an unemployment rate of: a. zero b. approximately 5 c. ... (Read 115 times)

elizabeth18

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The term full employment implies an unemployment rate of:
 a. zero
 b. approximately 5
 c. approximately 10
  d. 100

Question 2

If the economy is operating with full employment, which of the following is essentially eliminated?
 a. frictional unemployment
  b. structural unemployment
  c. cyclical unemployment
 d. all of the above



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emsimon14

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Answer to Question 1

b

Answer to Question 2

c




elizabeth18

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)


aliotak

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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