Suppose the natural unemployment rate equals 6 percent and the current unemployment rate is 8 percent. We can conclude that
A) there is no cyclical unemployment.
B) there is no frictional unemployment.
C) full employment is not occurring.
D) there is no structural unemployment.
Correct Answer:
Verified
Q207: The natural unemployment rate_
A) is the unemployment
Q208: When cyclical unemployment is zero,
A) the unemployment
Q209: An economy is at full employment when_
Q210: When cyclical unemployment increases and other things
Q211: When the economy is at full employment
Q213: An unemployment rate of zero percent cannot
Q214: Full employment exists when
A) the economy is
Q215: The natural unemployment rate_
A) rises with a
Q216: The unemployment rate is at the natural
Q217: The natural unemployment rate is the unemployment
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