Unemployment that deviates from the natural rate of unemployment is referred to as
A) frictional unemployment.
B) cyclical unemployment.
C) seasonal unemployment.
D) structural unemployment.

Question

Quizplus · Accepted Answer

Cyclical unemployment refers to the deviation of unemployment from the natural rate due to fluctuations in the business cycle. Frictional unemployment, seasonal unemployment, and structural unemployment are all types of unemployment that occur even at the natural rate.

Unemployment That Deviates from the Natural Rate of Unemployment Is