Suppose the economy is experiencing frictional unemployment of 1 percent, structural unemployment of 3 percent and cyclical unemployment of 4 percent. What is the natural unemployment rate?
A) 5 percent.
B) 7 percent.
C) 3 percent.
D) 4 percent.

Question

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The Answer of Suppose the economy is experiencing frictional unemployment of 1 percent, structural unemployment of 3 percent and cyclical unemployment of 4 percent. What is the natural unemployment rate?
A) 5 percent.
B) 7 percent.
C) 3 percent.
D) 4 percent.

Suppose the Economy Is Experiencing Frictional Unemployment of 1 Percent