The natural rate of unemployment is also called:
A)non-accelerating inflation rate of unemployment.
B)accelerating inflation rate of unemployment.
C)accelerating deflation rate of unemployment.
D)none of the above.

Question

Quizplus · Accepted Answer

The natural rate of unemployment is also known as the non-accelerating inflation rate of unemployment (NAIRU). This is the rate of unemployment that exists when the economy is at full employment and there is no cyclical unemployment.

The Natural Rate of Unemployment Is Also Called