Multiple Choice
Suppose the NAIRU in some country in April,2018 is 7.2%.If the actual unemployment rate is 8.1%,then
A) there is an inflationary gap.
B) 0.9 percentage points are due to cyclical factors.
C) the sum of frictional and structural unemployment is greater than the NAIRU.
D) the NAIRU has increased by 0.9 percentage points.
E) cyclical unemployment is 8.1%.
Correct Answer:
Verified
Correct Answer:
Verified
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