When full employment is present in the United States: approximately 95 percent of the labor force will be employed. the rate of unemployment will fall to zero. the actual rate of unemployment will be less than the natural rate of unemployment. approximately 95 percent of the adult population will be employed.
When full employment is present in the United States: approximately 95 percent of the labor force will be employed. the rate of unemployment will fall to zero. the actual rate of unemployment will be less than the natural rate of unemployment. approximately 95 percent of the adult population will be employed.
Chapter12: Business Cycles And Unemployment
Section: Chapter Questions
Problem 8SQ
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![When full employment is present in the United States:
approximately 95 percent of the labor force will be employed.
the rate of unemployment will fall to zero.
the actual rate of unemployment will be less than the natural rate of unemployment.
approximately 95 percent of the adult population will be employed.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F7ae1a2ac-c355-4e8e-acd0-18dbc1feffb4%2F9e89682f-7e84-4616-a0cf-9b38ee584d0d%2Foy1uo_processed.png&w=3840&q=75)
Transcribed Image Text:When full employment is present in the United States:
approximately 95 percent of the labor force will be employed.
the rate of unemployment will fall to zero.
the actual rate of unemployment will be less than the natural rate of unemployment.
approximately 95 percent of the adult population will be employed.
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