Full employment means:
1. zero unemployment
2. only cyclical unemployment exists
3. only frictional and structural unemployment exists.
4. none of the other three answers are correct
Ans) the correct option is 3. only frictional and structural unemployment exists.
Full employment exists when there is no cyclical unemployment.
Full employment means: 1. zero unemployment 2. only cyclical unemployment exists 3. only frictional and structural...
1. "Full employment" exists when the unemployment rate equals? a. zero b. the cyclical unemployment rate c. the structural unemployment rate d. the natural unemployment rate e. none of above 2. Which of the following is probably not true regarding unemployment in Europe? a. unemployment benefits tend to last longer than in the US b. unemployment benefits tend to replace a larger portion of one's salary than in the US c. structural unemployment is generally lower than in the US...
Full employment is not considered to be zero unemployment, because Select one: a. some frictional unemployment always exists. b. some cyclical unemployment always exists. c. there are not enough jobs for everyone who wants one. d. some people do not want a job.
If there are 10 job vacancies and 9 people unemployed then there exists A. only structural unemployment and the economy is at full employment. B. only frictional and cyclical unemployment. C. only structural and cyclical unemployment. D. only structural and frictional unemployment.
21) The U.S. has full employment if unemployment is only the sum of: a) frictional and structural unemployment b) frictional and cyclical unemployment c) structural and cyclical unemployment 22) Housewives/husbands are: a) included in the labor force b) unemployed c) excluded from the labor force d) necessarily considered "discouraged workers" 5) Consumer expectations that prices in the future will rise, will cause the demand curve to shift to the causing equilibrium price to ___and equilibrium quantity to a) right; rise;...
The natural rate of unemployment is the economist's notion of a. frictional unemployment. b. full employment. c. cyclical employment. d. structural unemployment.
The unemployment rate that is consistent with "full employment" and the "natural rate of unemployment" is OA. zero OB. cyclical unemployment. ° C, the sum of the frictional rate and structural rate. OD, 4 percent.
The natural unemployment rate is not zero because natural unemployment includes O A. cyclical and structural unemployment O B. frictional and cyclical unemployment Oc frictional and structural unemployment OD. Cyclical unemployment O E. discouraged workers during an expansion The unemployment rate fluctuates around the natural unemployment rate O A frictional unemployment increases, decreases OD cyclical unemployment decreases increases OG Structural unemployment increases, decreases OD. cyclical unemployment increases, decreases OL frictional unemployment decreases increases
Click to select options: Frictional unemployment Structural unemployment Not employed Cyclical unemployment Part 1: In each of the following examples, identify whether the individual is experiencing cyclical unemployment, frictional unemployment, structural unemployment, or not included in the unemploy category. a. Marge works part-time at a small retail store. She would like to work full-time, but her employer is currently unable to extend her hours. Click to select) b. Jackson just graduated from college with a business degree. He is currently...
Question 24 3 pts Official unemployment statistics: include cyclical and structural unemployment, but not frictional unemployment understate unemployment because individuals receiving unemployment compensation are counted as employed understate unemployment because "discouraged workers" are not counted as unemployed overstate unemployment because workers who are involuntarily working part time are counted as being employed
Use the data in the table to answer the question. Labor force Unemployed Frictional Structural Cyclical 240,000 43,50022,500 13,0008,000 Calculate the natural rate of unemployment. Enter your answer as a percentage rounded to two decimal places. natural rate of unemployment: Is this economy at full employment? O no unable to tell O yes