An unemployment rate of zero percent cannot be expected because
A) there are some people who do not want to work.
B) there will always be discouraged workers.
C) some portion of the labor force will always be between jobs.
D) cyclical unemployment will always exist.
Correct Answer:
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Q201: Full employment occurs when
A) there is no
Q207: The natural unemployment rate
A) falls with an
Q211: If unemployment is at the natural rate,
Q213: The natural unemployment rate
A) is a constant
Q215: The natural unemployment rate
I. occurs when only
Q223: When real GDP is _ potential GDP,
Q229: At the natural unemployment rate, there is
Q234: Cyclical unemployment exists when
A) frictional and structural
Q236: When the economy moves into and out
Q239: An increase in the price level is
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