Full Employment Is Not Considered to Be Zero Unemployment, Because

question 158

Multiple Choice

Full employment is not considered to be zero unemployment, because

• A)some cyclical unemployment always exists.
• B)some people do not want a job.
• C)there are not enough jobs for everyone who wants one.
• D)people do not find jobs instantaneously.
• E)not everyone is entitled to work in Canada.

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Definitions:

Express Terms

Clearly stated conditions and stipulations in a contract, either orally or in writing, that outline the specific obligations of the parties involved.

Course of Performance

A sequence of conduct between parties to a contract that is relevant to determining their rights and duties under that agreement.

Usage of Trade

Established practices or methods commonly accepted and widely adopted in a particular industry or commerce.

Parol Evidence Rule

A legal principle that prevents parties from using oral or extrinsic evidence to contradict a written agreement.