Which of the following constitute the unemployment occurring when the natural rate of unemployment exists?
A)frictional and cyclical unemployment
B)structural, seasonal and frictional unemployment
C)cyclical and structural unemployment
D)frictional, structural, and cyclical unemployment.

Question

Quizplus · Accepted Answer

The natural rate of unemployment includes frictional and structural unemployment, as well as seasonal unemployment, but not cyclical unemployment, which is related to economic downturns.

Which of the Following Constitute the Unemployment Occurring When the Natural