Full employment is a situation in which

every person in the country has a job, including children and the oldCorrect answerYour answereveryone who is able and willing to work at the going wage has workCorrect answerYour answerthere is no unemployment of any kind at allCorrect answerYour answerall workers are employed by the governmentCorrect answerYour answer

Show the answer and explanation

CorrectNot quiteAnswer B

Correct answer: B

Full employment means no involuntary unemployment.
Some frictional unemployment (people between jobs) and voluntary unemployment can still exist.

Worth noting

'No unemployment of any kind' is too strong; full employment allows people who are changing jobs or do not want to work at the going wage.

Concept: Full employment
Typical timeTypical: 40 s
Your timeYours: —

The rule this testsFull employment and involuntary unemployment

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Full employment is a situation in which

Explanation