When the economy is at full employment,
A. all remaining unemployment is either frictional or structural.
B. the unemployment rate is greater than zero.
C. the natural rate of unemployment prevails.
D. All of the above.
Answer: D. All of the above.
When the economy is at full employment,
A. all remaining unemployment is either frictional or structural.
B. the unemployment rate is greater than zero.
C. the natural rate of unemployment prevails.
D. All of the above.
Answer: D. All of the above.