Which of the Following Is True

question 58

Multiple Choice

Which of the following is true?

• A)Frictional unemployment implies a lack of available jobs.
• B)During a recession,cyclical unemployment will be low.
• C)When an economy is at full employment,actual unemployment will be less than the natural rate of unemployment.
• D)When actual GDP equals potential GDP,the actual unemployment rate will equal the economy's natural rate of unemployment.