Look at the Following Data: the Frictional Unemployment Rate Is

Multiple Choice

Look at the following data: The frictional unemployment rate is 3 percent,the natural unemployment rate is 6.5 percent,and the cyclical unemployment rate is 2.4 percent.The structural unemployment rate is __________ percent and the actual unemployment rate (in this economy) is __________ percent.

A) 3; 8.9
B) 3.5; 8.9
C) 3.5; 9.5
D) 5.4; 2.4
E) none of the above