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)3 percent
B)4 percent
C)5 percent
D)7 percent
E)8 percent

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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)3 percent
B)4 percent
C)5 percent
D)7 percent
E)8 percent

Suppose the Economy Is Experiencing Frictional Unemployment of 1 Percent