Question

When the economy is in full employment, * 10 points A. unemployment is zero. B. only cyclical unemployment is zero. C. only frictional unemployment is zero. D. the natural rate of unemployment is zero. E. actual unemployment rates exceed the natural rate of unemployment.

Answer 1

Answer:

c

Explanation:

Full employment is when available labour in an economy  are efficiently used. When there is full employment, cyclical unemployment is zero. There would still be frictional unemployment.

Frictional unemployment is unemployment that exists between the time a person leaves their current unemployment and get another job.