Which of the Following Statements About the Natural Rate of Unemployment

Multiple Choice

Which of the following statements about the natural rate of unemployment is true?

A) The natural rate of unemployment declined during the 1970s.
B) An aging labor force causes the natural rate of unemployment to decline.
C) Economists are able to precisely calculate the natural rate of unemployment.
D) The natural rate of unemployment has remained constant over the past 30 years.
E) The term natural in natural rate of unemployment is meant to imply that this is the unemployment rate that the economy should always try to strive for.