Question

Which is true if a nation is currently experiencing full employment?

A) High inflation rates
B) High unemployment rates
C) Stagnant economic growth
D) Everyone willing and able to work has a job

Answer 1

If a nation is currently experiencing full employment, the true statement is that everyone willing and able to work has a job.

Step-by-step explanation:

If a nation is currently experiencing full employment, the true statement is that everyone willing and able to work has a job. Full employment refers to a situation where the unemployment rate is very low, typically around 4% or less. This means that most people who are actively looking for work can find employment. It does not imply high inflation rates, high unemployment rates, or stagnant economic growth.