The natural unemployment rate is
A) equal to the sum of frictional,cyclical,and seasonal unemployment.
B) not known with certainty.
C) equal to zero.
D) the same for all industrialized countries.
E) equal to the sum of frictional,structural,and cyclical unemployment.
Correct Answer:
Verified
Q228: The natural unemployment rate
A)includes only frictional and
Q229: When the economy is at full employment,the
A)natural
Q230: Full employment is the level of unemployment
Q231: When cyclical unemployment is zero,
A)frictional unemployment is
Q232: In 2012,real GDP in the United States
Q234: Potential GDP is the level of output
Q235: Potential GDP is
A)the value of the maximum
Q236: The natural unemployment rate is the unemployment
Q237: If the unemployment rate is less than
Q238: Full employment means that
A)the unemployment rate is
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