The combination of frictional and structural unemployment is the:
A) cyclical rate of unemployment.
B) transitional rate of unemployment.
C) civilian rate of unemployment.
D) natural rate of unemployment.

Question

Quizplus · Accepted Answer

The combination of frictional and structural unemployment is known as the natural rate of unemployment. This is the rate of unemployment that exists when the economy is operating at its full potential and there is no cyclical unemployment.

The Combination of Frictional and Structural Unemployment Is The