The natural unemployment rate is the unemployment rate that exists when there is no
A) structural unemployment.
B) frictional unemployment.
C) cyclical unemployment.
D) cyclical or structural unemployment.
E) unnecessary unemployment.
Correct Answer:
Verified
Q231: When cyclical unemployment is zero,
A)frictional unemployment is
Q232: In 2012,real GDP in the United States
Q233: The natural unemployment rate is
A)equal to the
Q234: Potential GDP is the level of output
Q235: Potential GDP is
A)the value of the maximum
Q237: If the unemployment rate is less than
Q238: Full employment means that
A)the unemployment rate is
Q239: Natural unemployment equals the sum of
A)cyclical and
Q240: The natural unemployment rate occurs
A)at the full
Q241: Who is cyclically unemployed?
A)Casey,who lost his job
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