Economists at the Congressional Budget Office estimated that for 2009, the U.S. natural rate of unemployment was 5.0 percent.

Name: Economists at the Congressional Budget Office estimated that for 2009, the U.S. natural rate of unemployment was 5.0 percent.
Brand: Quizplus
Rating: 4.9 (49 reviews)

Question

Quizplus · Accepted Answer

The Congressional Budget Office (CBO) estimated the natural rate of unemployment to be around 5.0 percent for 2009, reflecting the rate at which the economy is considered to be at full employment without causing inflation.

Economists at the Congressional Budget Office Estimated That for 2009