Questions:
Short correct answers and definitions needed. (No Paper)Don't forget to cite source. Answer each one below.
1. How do we understand FULL employment?
2. What advice would you give to a discouraged worker?
3. Why would economists state that FRICTIONAL unemployment is actually healthy for an economy?
4. What is the official definition of STRUCTURAL unemployment?
5. Is there a difference in unemployment rates depending on variables such as age, ethicity and educational background?