If actual unemployment is 6.2% and the natural rate is 4%, cyclical unemployment is:
A) 6.2%.
B) 10.2%.
C) 4%.
D) 2.2%.

Name: If actual unemployment is 6.2% and the natural rate is 4%, cyclical unemployment is: A) 6.2%. B) 10.2%. C) 4%. D) 2.2%.
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Question

Quizplus · Accepted Answer

Cyclical unemployment is calculated as the difference between the actual unemployment rate and the natural rate of unemployment. Therefore, 6.2% - 4% = 2.2%.

If Actual Unemployment Is 6