In February 2012, the Bureau of Labor Statistics calculated the unemployment rate to be 8.3%. If frictional unemployment was 3.1% and structural unemployment was 3.2%, then the natural rate of unemployment was:
A)4.5%.
B)2.0%.
C)1%.
D)5.5%.

Question

Quizplus · Accepted Answer

The Answer of In February 2012, the Bureau of Labor Statistics calculated the unemployment rate to be 8.3%. If frictional unemployment was 3.1% and structural unemployment was 3.2%, then the natural rate of unemployment was:
A)4.5%.
B)2.0%.
C)1%.
D)5.5%.

In February 2012, the Bureau of Labor Statistics Calculated the Unemployment