When the unemployment rate equals the natural rate, then the economy's labor resources are thought to be at:
A) The full employment level of unemployment
B) Frictional unemployment
C) Inefficient
D) A and B above
E) None of the above

Question

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The Answer of When the unemployment rate equals the natural rate, then the economy's labor resources are thought to be at:
A) The full employment level of unemployment
B) Frictional unemployment
C) Inefficient
D) A and B above
E) None of the above

When the Unemployment Rate Equals the Natural Rate, Then the Economy's