The natural unemployment rate
A) is attained whenever the unemployment rate is less than 5 percent because 95 percent employment is considered full employment.
B) has been estimated to range between 4 percent and 6 percent in the United States in recent years.
C) occurs when 100 percent of the labor force is employed.
D) estimated to be close to 9 percent in recent years in the United States.
Correct Answer:
Verified
Q234: Suppose that the natural unemployment rate is
Q242: Suppose that the unemployment rate equals 4.5
Q243: At the natural unemployment rate, there is
Q244: When real GDP is potential GDP, the
Q245: Suppose the economy is experiencing frictional unemployment
Q248: The natural unemployment rate .
A) is the
Q249: An increase in the price level is
Q250: The unemployment rate generally falls during _
Q251: When cyclical unemployment increases and other things
Q252: Cyclical unemployment exists when
A) frictional and structural
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