When the Rate of Cyclical Unemployment Is Zero, the

question 95

Multiple Choice

When the rate of cyclical unemployment is zero, the

• A) natural rate of unemployment must also be zero.
• B) rate of frictional unemployment must be negative.
• C) economy must have entered a recessionary stage.
• D) economy is considered to be at full employment.

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Definitions:

Unequal Distribution

The uneven allocation or spread of resources, wealth, or opportunities among members of a society or between societies.

Limited Resources

Economic or physical assets that are in finite supply, requiring allocation and management to meet various needs and desires.

Positivist Theories

A school of thought in sociology and criminology that emphasizes the application of empirical, scientific methods to the study of social issues and crime.

Constructionist Theories

Theories that suggest reality is not objectively given but is socially constructed through language, cultural practices, and social interactions.