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The economy is at full employment when ​(check all that ​apply)​: A.all workers are​ employed, otherwise...

The economy is at full employment when ​(check all that ​apply)​:

A.all workers are​ employed, otherwise we​ wouldn't say​ "full employment."

B.there is no cyclical unemployment.

C.everybody who wants a job has one.

D.those out of work are experiencing either frictional or structural unemployment only.

E.the economy is at its natural rate of unemployment.

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Answer #1

Answer -

option - (A) all workers are​ employed, otherwise we​ wouldn't say​ "full employment". When all the work force is employed we can say that the economy is at full employment.

option - (B) there is no cyclical unemployment. Full employment can be called as a situation where there is no cyclical unemployment. When cyclical unemployment is at its lowest or if there is no cyclical unemployment in the economy, all the labor force is being used properly.

option - (C) everybody who wants a job has one. When every one who wants a job gets one then there will be zero unemployment is the economy because every one has a job in the country.

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