unemployment rate and full employment?

2009-07-01 5:04 pm

Suppose the economy is operating at full employment. Does that mean that unemployment rate is equal to zero?
If not, why?

回答 (2)

2009-07-03 1:52 am

✔ 最佳答案

Full employment doesn't always mean what it seems to; it is usually taken to mean at the "natural" level of unemployment, whatever that means:
http://en.wikipedia.org/wiki/Full_employment
(It used to mean NAIRU, but that theory has been discredited:
http://en.wikipedia.org/wiki/NAIRU
)

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2016-04-03 5:46 pm

E. Do your own homework.

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