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What does full employment mean?

A

Only workers with the skills demanded by firms can find employment.

B

Everyone who wants a job can immediately find one at the highest wage rate.

C

Everyone of working age must have a job at any wage rate.

D

Everyone willing and able to work at the going wage rate can find a job.

Card 1 of 25

9.3.1 definition of full employment Flashcards

  1. Intl A Level
  2. /Economics
  3. /9.3.1 definition of full employment

25 flashcards on CIE Intl A Level Economics 9.3.1 definition of full employment: the key terms and definitions you need to recall.

Flashcards