Multiple Choice
Which statement is INCORRECT?
A) The natural rate of unemployment is generally considered the equivalent of full employment.
B) The natural rate of unemployment consists of only frictional unemployment or structural unemployment.
C) The natural rate of unemployment is the level at which inflationary pressures in the economy are at their maximum.
D) The natural rate of unemployment is when cyclical unemployment is zero.
Correct Answer:

Verified
Correct Answer:
Verified
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