If total unemployment is 9.1%, cyclical unemployment is 3.9% and frictional unemployment is 3.5%, what is...
If total unemployment is 9.1%, cyclical unemployment is 3.9% and frictional unemployment is 3.5%, what is the structural unemployment rate?
Hint: enter your answer without a % sign
Example: if the answer is 2.8%, enter 2.8
Homework Answers
Total unemployment rate = Cyclical unemployment + frictional unemployment + structural unemployment
structural unemployment = 9.1% - 3.9% - 3.5%
structural unemployment = 1.7%
So,
structural unemployment rate = 1.7% or 1.7
Add Answer to:
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