Question: The Economy cannot be considered fully employed unless the measured unemployment rate is below 1%. Agree or disagree and explain your answer in a paragraph.

The Economy cannot be considered fully employed unless the measured unemployment rate

is below 1%. Agree or disagree and explain your answer in a paragraph. What is the current

actual u-rate for the US economy as of Feb Data for 2020? Is this unemployment rate below or

above or equal to u-rate at full employment (usually called natural rate of unemployment or

NAIRU)?

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