The amount of unemployment that an economy normally experiences is called the

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The natural rate of unemployment is the amount of unemployment that an economy normally experiences due to structural or frictional factors, such as people entering or leaving the labor force or changes in the structure of industries. It is also sometimes called the "normal" rate of unemployment. The other choices - average rate of unemployment, cyclical rate of unemployment, and typical rate of unemployment - do not accurately describe the natural rate of unemployment.

The Amount of Unemployment That an Economy Normally Experiences Is