Based on your understanding of full employment

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Reference no: EM13892009

The purpose of this assessment is to understand the concept of full employment and analyze how frictional unemployment affects it. Assessment Description: Based on your understanding of full employment, answer the following questions: 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 full employment related to 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: EM13892009

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