Q: Full employment is the level at which there is…….
A.
no frictional unemployment
B.
no cyclical unemployment
C.
no structural unemployment
D.
no unemployment
Correct Answer:
Option A - No Unemployment or full employment is a deadlist condition or may be termed as unachievable. But if frictional unemployment is negligible then, an economy may reach at its full level of employment.
A. No Unemployment or full employment is a deadlist condition or may be termed as unachievable. But if frictional unemployment is negligible then, an economy may reach at its full level of employment.
Explanations:
No Unemployment or full employment is a deadlist condition or may be termed as unachievable. But if frictional unemployment is negligible then, an economy may reach at its full level of employment.
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