The natural rate of unemployment
A) is always constant.
B) is always equal to 5%.
C) can vary over time and from country to country.
D) has been rising in recent years in the U.S.
E) is very similar across countries.

Question

Quizplus · Accepted Answer

The natural rate of unemployment can vary over time and from country to country depending on factors such as demographics, technology, and government policies. It is not always constant or equal to 5%. While the natural rate of unemployment has increased in the U.S. in recent years due to structural changes in the economy, this is not true for all countries. Therefore, option C is the best choice.

The Natural Rate of Unemployment