THE GOAL FOR HIGH EMPLOYMENT SHOULD SEEK A LEVEL OF UNEMPLOYMENT AT...

8) The goal for high employment should seek a level of unemployment at which the demand for labor equals the supply of labor. Economists call this level of unemployment the (a) frictional level of unemployment. (b) structural level of unemployment. (c) natural rate level of unemployment. (d) Keynesian rate level of unemployment. Answer: C Question Status: Previous Edition