Which of the following statements is true about the seasonally adjusted unemployment rate?
A) The seasonally adjusted unemployment rate is the sum of the frictional unemployment rate, structural unemployment rate, and cyclical unemployment rate.
B) The seasonally adjusted unemployment rate shows how the unemployment rate fluctuates with the various seasons.
C) The seasonally adjusted unemployment rate is the same as the natural rate of unemployment.
D) The seasonally adjusted unemployment rate is the rate computed for Fall, Spring, Summer and Winter.

Question

Quizplus · Accepted Answer

The seasonally adjusted unemployment rate accounts for the sum of frictional, structural, and cyclical unemployment, adjusting for seasonal patterns to provide a clearer view of underlying trends.

Which of the Following Statements Is True About the Seasonally