Consider the data in Table 7.3. What is the natural rate of unemployment in each of these years? Explain your answer.
Table 7.3
$$\begin{array} { c c c c }
\hline & \begin{array} { c }
\text { Separation } \
\text { rate }
\end{array} & \begin{array} { c }
\text { Finding } \
\text { rate }
\end{array} & \begin{array} { c }
\text { Labor } \
\text { force } \
\text { (mil) }
\end{array} \
\hline 2015 & 2 \% & 20 \% & 130 \
2016 & 2.5 \% & 15 \% & 100 \
\hline
\end{array}$$

Question

Consider the data in Table 7.3. What is the natural rate of unemployment in each of these years? Explain your answer.
Table 7.3
 $$\begin{array} { c c c c } 
\hline & \begin{array} { c } 
\text { Separation } \
\text { rate }
\end{array} & \begin{array} { c } 
\text { Finding } \
\text { rate }
\end{array} & \begin{array} { c } 
\text { Labor } \
\text { force } \
\text { (mil) }
\end{array} \
\hline 2015 & 2 \% & 20 \% & 130 \
2016 & 2.5 \% & 15 \% & 100 \
\hline
\end{array}$$

Quizplus · Accepted Answer

The Answer of Consider the data in Table 7.3. What is the natural rate of unemployment in each of these years? Explain your answer.
Table 7.3
 $$\begin{array} { c c c c } 
\hline & \begin{array} { c } 
\text { Separation } \
\text { rate }
\end{array} & \begin{array} { c } 
\text { Finding } \
\text { rate }
\end{array} & \begin{array} { c } 
\text { Labor } \
\text { force } \
\text { (mil) }
\end{array} \
\hline 2015 & 2 \% & 20 \% & 130 \
2016 & 2.5 \% & 15 \% & 100 \
\hline
\end{array}$$

Consider the Data in Table 7