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Based on your understanding of full employment

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Reference no: EM132316872

Based on your understanding of full employment, answer the following question:

  • What does full employment mean to you?
  • Does full employment mean everyone who is looking for the job gets one?
  • Is it possible for an economy to achieve full employment? Provide appropriate rationale to support your response.
  • Is it possible for an economy to achieve full employment? Provide appropriate rationale to support your response.
  • Is full employment related to the natural rate of employment?
  • Provide appropriate rationale to support your response.
  • How does frictional unemployment always come in the way of full unemployment?

Reference no: EM132316872

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