Question
Full employment in the U.S. economy means: A) Cyclical unemployment has been reduced to zero. B) The total unemployment rate has been reduced to zero.
"Full employment" in the U.S. economy means:
A) Cyclical unemployment has been reduced to zero.
B) The total unemployment rate has been reduced to zero.
C) Cyclical and structural unemployment have been minimized.
D) Everyone who is willing and able to work has a job.
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Econometric Analysis
Authors: William H. Greene
5th Edition
130661899, 978-0130661890
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