Full employment is not zero unemployment because ... A. there are statistical errors when determining the unemployment rate that cannot be overcomeB. there is "normal" friction in the economy made up of those workers who are between jobs and those new entrants to the labor forceC. there are undocumented workers in the economy who are not counted b y the Bureau of labor StatisticsD. government workers are not counted by the Bureau of Labor

Question

Social Studies

Maldonado

30 January, 05:51

Full employment is not zero unemployment because ... A. there are statistical errors when determining the unemployment rate that cannot be overcomeB. there is "normal" friction in the economy made up of those workers who are between jobs and those new entrants to the labor forceC. there are undocumented workers in the economy who are not counted b y the Bureau of labor StatisticsD. government workers are not counted by the Bureau of Labor

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Patton · Answer 1

B. there is "normal" friction in the economy made up of those workers who are between jobs and those new entrants to the labor force

Explanation:

The full employment is not zero as this is the normal friction that is made up in the economy and exists with those workers that are new to the market of jobs and those existing in the workforce.