What is the goal of full employment in an economy?
A. Zero percent unemployment
B. The absence of all job changes
C. Elimination of cyclical unemployment while allowing natural unemployment
D. All workers earning the same wage

Question

Sefton · Answer

The correct answer is letter C. Full employment occurs when everyone who wants a job and is qualified has one—except for people temporarily between jobs or retraining. It doesn’t mean zero unemployment, but rather a healthy, productive labor market.

Answered by Sefton | 2025-05-22

What is the goal of full employment in an economy? A. Zero percent unemployment B. The absence of all job changes C. Elimination of cyclical unemployment while allowing natural unemployment D. All workers earning the same wage

Answer (1)

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What is the goal of full employment in an economy?
A. Zero percent unemployment
B. The absence of all job changes
C. Elimination of cyclical unemployment while allowing natural unemployment
D. All workers earning the same wage

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