A Country's Frictional Unemployment Rate Is 3%, the Natural Unemployment

Multiple Choice

A country's frictional unemployment rate is 3%, the natural unemployment rate is 5.5%, and the cyclical unemployment rate is 2.4%. The structural unemployment rate is _____ and the unemployment rate is _____.

A) 3%; 7.9%
B) 2.5%; 7.9%
C) 2.5%; 5.4%
D) 2.4%; 5.4%