Why is it so difficult to define full employment? What unemployment rate should the government be shooting

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Why is it so difficult to define full employment? What unemployment rate should the government be shooting for today?

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Macroeconomics Principles And Policy

ISBN: 9780324586213

11th Edition

Authors: William J. Baumol, Alan S. Blinder

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Question Posted: Sep 01, 2012 02:44 AM

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Why is it so difficult to define full employment? What unemployment rate should the government be shooting

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Full employment certainly implies some unemployment that is to say frictional unemployment and it ...View the full answer

Macroeconomics Principles And Policy

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