The natural unemployment rate__________
i. occurs when only there is no cyclical unemployment present.
ii. is the unemployment rate when the economy is at potential GDP.
A) neither i nor ii.
B) ii only
C) i only.
D) i and ii
Correct Answer:
Verified
Q199: The best example of a cyclically unemployed
Q200: Which of the following situations best describes
Q201: Full employment means
A) only frictional and structural
Q202: When economists speak of full employment, they
Q203: When the economy is operating at full
Q205: When the economy moves into and out
Q206: If unemployment is at the natural rate,
Q207: The natural unemployment rate_
A) is the unemployment
Q208: When cyclical unemployment is zero,
A) the unemployment
Q209: An economy is at full employment when_
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