What does full employment mean?
(A) There is no cyclical unemployment.
(B) Those who want to work have full-time jobs.
(C) Every person who wants to work has a job.
(D) Approximately 80 percent of people have jobs.
Ans: (A) There is no cyclical unemployment.
Economics
You might also like to view...
Because transactions deposits can be withdrawn at any time, banks are exposed to
A) credit risk. B) liquidity risk. C) trading risk. D) interest risk.
Economics
The fact that since 1990 the number of movie screens in the United States has grown faster than the number of theaters illustrates the benefits of
a. economies of scale b. constant long-run average cost c. diseconomies of scale d. increasing long-run average cost e. a U-shaped marginal cost curve
Economics