When the actual unemployment rate equals the natural rate of unemployment: Multiple Choice the economy has...

When the actual unemployment rate equals the natural rate of unemployment:

Multiple Choice

the economy has no discouraged workers.
the economy is likely in a recession.
the economy is only experiencing cyclical unemployment.
the economy is at full employment.

Expert Solution

Ans:- The economy is at full employment.

Explanation:- when an economy's actual unemployment is equal to the natural unemployment , that means the economy is in the condition of full employment. The economy is at full employment means the real Gross Domestic Product (GDP) is equivalent to the potential real Gross Domestic Product. Full employment means the perfect employment with in an economy.

Rahul Sunny answered 2 years ago

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