Solved

Look at the Following Data: the Frictional Unemployment Rate Is

Question 36

Multiple Choice

Look at the following data: The frictional unemployment rate is 1.5 percent,the natural unemployment rate is 4.5 percent,and the cyclical unemployment rate is -1 percent.The structural unemployment rate is _________ percent and the actual unemployment rate (in this economy) is ___________ percent.


A) 6; 3.5
B) 3; 5.5
C) 3; 3.5
D) 6; 5.5

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions