Full employment implies which of the following is reduced to zero?
a. cyclical unemployment only
b. frictional unemployment only
c. frictional and structural unemployment only
d. frictional, structural, and cyclical unemployment
a
Economics
You might also like to view...
Which of the following changes would cause American net exports to increase?
A) An increase in the real value of the dollar B) An increase in American income C) An increase in foreign income D) A shift in demand by American consumers away from domestically produced goods
Economics
Which of the following is a factor of production?
A) an oven in a bakery B) a share of General Motors' stock C) a credit card D) a $500 Treasury bond
Economics