Which of the following constitute the types of unemployment occurring at the natural rate of unemployment?
A) frictional and cyclical unemployment
B) structural and frictional unemployment
C) cyclical and structural unemployment
D) frictional, structural, and cyclical unemployment

Question

Quizplus · Accepted Answer

The natural rate of unemployment represents the rate of unemployment that exists when the economy is operating at full employment, with no cyclical unemployment. Therefore, the only types of unemployment that occur at the natural rate are frictional and structural unemployment.

Which of the Following Constitute the Types of Unemployment Occurring