At the natural unemployment rate, there is no
A) frictional unemployment.
B) structural unemployment.
C) cyclical unemployment.
D) unemployment.

Question

Quizplus · Accepted Answer

At the natural unemployment rate, there is no cyclical unemployment, which is associated with economic downturns. Frictional and structural unemployment still exist as they are part of the natural rate of unemployment.

At the Natural Unemployment Rate, There Is No