0
Want this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
What does the term full employment mean?
"Full employment" - people who want to work have full-time jobs. (by Solomon Zelman)
What does full employment mean?
There is no cyclical unemployment.
What type of service does the website The Economist Group provide?
The Economist group website provides services such as internships and job training opportunities for people interested in employment. They also provide newspapers such as The Economist and The Economist online.
Why is there unemployment even when the economy is at full-employment?
Because fullemployment doesn't really mean "FULL" employment, It basically means those really looking for a job are employed. At full employment there is roughly 4-6% of unemployment.
What is full employment GDP?
The value of total output produced at full employment.
What is Barack Obama27s full name?
kenyan economist
Why isn't full employment the same as zero unemployment?
Full employment doesn't mean that there is zero unemployment. Full employment only means that the economy is operating at full employment because there is only structural unemployment, frictional unemployment, and seasonal unemployment. Remaining unemployment is cyclical. Even when an economy is working properly, it will experience frictional, seasonal, and structural unemployment. (gp)
What does classied employee mean?
Full time employment that is subject to civil service rules
English economist who advocatedfiscal and monetary measures to maintain the adverse affects of recesssion?
I believe you may be thinking of John Maynard Keynes, an English economist who argued in The General Theory of Employment, Interest, and Money
What are the criticism of classical theory of output and employment?
its introduced by classical economist, there are basically two way to examine classical theory, they are 1 determination of employment 2 determination of output
How many pages does The Scheme for Full Employment have?
The Scheme for Full Employment has 272 pages.
What does speculation mean to economist?
Speculation to an economist means making high-risk investments with borrowed money
