QuestionDecember 18, 2025

What is the definition of "maximum employment'according to the article? A When every individual has a job that matches their skills and preferences. B When the unemployment rate is zero percent. When the economy achieves the lowest possible level lof unempl loyment without accelerating inflation. When the government provides jobs to all willing and able individuals.

What is the definition of "maximum employment'according to the article? A When every individual has a job that matches their skills and preferences. B When the unemployment rate is zero percent. When the economy achieves the lowest possible level lof unempl loyment without accelerating inflation. When the government provides jobs to all willing and able individuals.
What is the definition of "maximum
employment'according to the article?
A
When every individual has a
job that matches their skills
and preferences.
B
When the unemployment rate
is zero percent.
When the economy achieves
the lowest possible level lof
unempl loyment without
accelerating inflation.
When the government
provides jobs to all willing and
able individuals.

Solution
4.2(256 votes)

Answer

C: When the economy achieves the lowest possible level of unemployment without accelerating inflation. Explanation 1. Identify the correct definition Maximum employment is typically defined as the lowest level of unemployment that an economy can sustain without causing inflation to rise. This is often referred to as the "natural rate of unemployment" or "full employment."

Explanation

1. Identify the correct definition<br /> Maximum employment is typically defined as the lowest level of unemployment that an economy can sustain without causing inflation to rise. This is often referred to as the "natural rate of unemployment" or "full employment."
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