Some Economists Say That "Full Employment" Exists in an Economy

question 31

Multiple Choice

Some economists say that "full employment" exists in an economy when:

• A)cyclical unemployment is 2 percent.
• B)cyclical unemployment is 4 to 6 percent.
• C)frictional unemployment is zero.
• D)the unemployment rate is 4 to 7 percent.
• E)the natural unemployment rate is zero.

---

Definitions:

Political Ideals

The principles or beliefs that form the foundation of political theories and actions.

Economic Values

The principles or standards that guide individuals or societies in deciding how resources are allocated.

Policy Advocates

Individuals or groups that actively support and argue for the adoption and implementation of specific policies to influence public opinion and decision-making processes.

Enhanced Funding

Additional financial support or resources allotted to a project, program, or initiative.