The natural rate of unemployment does not include ________ unemployment.
A) frictional
B) cyclical
C) healthy
D) seasonal
E) structural

Question

Quizplus · Accepted Answer

The natural rate of unemployment is the rate of unemployment that exists when the economy is at full employment, and includes frictional, structural, and seasonal unemployment. It does not include cyclical unemployment, which is unemployment that results from fluctuations in economic activity.

The Natural Rate of Unemployment Does Not Include ________ Unemployment