"Full employment" refers to the situation when there is
A. 100% employment of the labor force.
B. no frictional or structural unemployment.
C. no cyclical unemployment.
D. a 0% unemployment rate.
Answer: C
Economics
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The Cambridge and Fischer versions of the quantity theory are identical if
a. V = k.. b. V=k2. c. V= 1/k. d. none of the above.
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