Is it possible that unemployment rates go up while the employment goes up too?
Also, what does full employment mean? The book says that full employment is not 100% employyment, but the level of employment that corresponds with the natural rate of employment. Can someone explain?
In addition, Is it possible for real GDP to decrease when only nominal GDP increases?
Is season unemployment something worrisome or is it not since they get their jobs back as the seasons comes back around.
Finally, is unemployment always accompanied by a decrease unemployment?
Some Macroeconomic Questions (unemployment rates)?mortgage lenders
A) no possible
B) full unemployment is 5% 100% is not possible think about it, everyday people retire get fired quit or enter the work force also there would be massive inflation if there was0%
C) yes bc of inflation
D) season unemployment is the least important bc those people know they will be unemplored
E) that question doesnt make sense
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