why does full employment imply an unemployment rate greater than zero? discuss your answer in the...

why does full employment imply an unemployment rate greater than zero? discuss your answer in the teems of the types of unemployment

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Expert Solution

Full employment is a situation where those whho are willing and able to get work at existing wage rate are called full employment . Even in every economy at full employment , voluntary unemployment ( structure and frictional.umployment ) exists. As these frictional and structuralunemployment is temporary

Rahul Sunny answered 1 year ago

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