Social Studies, 29.07.2020 02:01 leeenaaa95
A state of full employment exists when there is no unemployment in the economy.
a. structural
b. seasonal
c. cyclical
d. frictional
*if you can answer both of these*
Which of the following BEST describes an economy experiencing full employment?
a. Frictional, seasonal, and cyclical unemployment will still be present in the economy.
b. Frictional, seasonal, and structural unemployment will still be present in the economy.
c. There is no unemployment present in the economy.
d. Seasonal, structural, and cyclical unemployment will still be present in the economy.
Answers: 3
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A state of full employment exists when there is no unemployment in the economy.
a. structural
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