Solved

If the Measured Unemployment Rate Is 8% and the Natural

Question 257

Multiple Choice

If the measured unemployment rate is 8% and the natural unemployment rate is 3%, then


A) frictional unemployment is 5%.
B) cyclical unemployment is 5%.
C) frictional unemployment is 11%.
D) structural unemployment is 11%.

Correct Answer:

verifed

Verified

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

Related Questions