Is It Possible for the Economy to Be at Full

question 3

Multiple Choice

Is it possible for the economy to be at full employment and still have some people who are unemployed?

• A) No,full employment means that no one is unemployed.
• B) Yes,since full employment exists if the economy is operating at the natural unemployment rate and there is always some natural unemployment.
• C) Yes,since full employment exists if the economy is operating at the frictional unemployment rate and there is always some frictional unemployment.
• D) Yes,since full employment equals the sum of the cyclical unemployment rate and the natural unemployment rate,and there is always some cyclical unemployment.
• E) none of the above

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Definitions:

Field List

A display in database and software development environments that shows all the fields available in a table or query.

Form Design View

A graphical interface in database management systems used for designing the layout and functionality of forms that users interact with to enter or display data.

Referential Integrity

A concept in database management that ensures relationships between tables remain consistent, where keys in one table match keys in another.

Data Redundancy

The unnecessary repetition of data within a database, which can lead to inconsistencies and increased storage requirements.