The sum of frictional and structural unemployment is the: amount of unemployment in an economy during a recession. cycli...
The sum of frictional and structural unemployment is the:
amount of unemployment in an economy during a recession.
cyclical amount of unemployment.
actual unemployment level.
natural rate of unemployment.
Homework Answers
Answer
Option 4
the natural rate of unemployment.
the natural rate of unemployment.=frictional + structural unemployment
amount of unemployment in an economy during a recession=cyclical amount of unemployment.
actual unemployment level.=natural rate of unemployment + cyclical amount of unemployment
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