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4 cards from this section. Quick, good the night before a test.
Define Full Employment in your own words.
Consider who counts as employed.
What is cyclical unemployment?
Think about how the economy affects job availability.
What is full employment?
Focus on the definitions provided.
True or False: Full employment means zero unemployment.
Recollect the types of unemployment discussed.
Given an economic downturn, what measures can be taken to reduce cyclical unemployment?
Consider how governments respond to economic crises.
Evaluate the long-term effects of ongoing structural unemployment in an economy.
Think about the workforce's adaptability.
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