Which statement describes full employment? There is no cyclical unemployment. There is no structural unemployment. There is no unemployment at all. Everybody who wants a job has a job.
The appropriate response is the first. The Cyclical unemployment is a variable of general unemployment that identifies with the recurrent patterns in development and creation that happen inside the business cycle. At the point when business cycles are at their pinnacle, patterned unemployment will be low in light of the fact that the aggregate monetary yield is being boosted.