Multiple Choice
Look at the following data: The frictional unemployment rate is 2 percent,the structural unemployment rate is 3.5 percent,and the actual unemployment rate is 9.5 percent.The natural unemployment rate is ____________ percent and the cyclical unemployment rate is __________ percent.
A) 1.5; 4
B) 5.5; 4
C) 1.5; 6
D) 6; 15
Correct Answer:
Verified
Correct Answer:
Verified
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