The natural unemployment rate is
A) another name for the average annual rate of unemployment.
B) another name for the cyclical unemployment rate.
C) the sum of cyclical and frictional unemployment rates.
D) the unemployment rate that is not associated with the business cycle.
E) the sum of cyclical,structural,and frictional unemployment rates.
Correct Answer:
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Q220: Full employment occurs when
A)the unemployment rate is
Q221: Which of the following is true?
A)Real GDP
Q222: At full employment there still exists some
Q223: Full employment occurs when the
A)unemployment rate equals
Q224: Potential GDP is reached when
A)unemployment is zero.
B)there
Q226: At the peak of a business cycle,the
A)cyclical
Q227: Full employment means that
A)100 percent of the
Q228: The natural unemployment rate
A)includes only frictional and
Q229: When the economy is at full employment,the
A)natural
Q230: Full employment is the level of unemployment
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