The natural rate of unemployment:
a. the rate of unemployment that happens during a recession.
b. equal to the sum of frictional and cyclical unemployment.
c. equal to the sum of frictional and structural unemployment.
d. cyclical unemployment less frictional unemployment.

Question

The natural rate of unemployment:
a. the rate of unemployment that happens during a recession.
b. equal to the sum of frictional and cyclical unemployment.
c. equal to the sum of frictional and structural unemployment.
d. cyclical unemployment less frictional unemployment.

The natural rate of unemployment:

a. the rate of unemployment that happens during a recession.

b. equal to the sum of frictional and cyclical unemployment.

c. equal to the sum of frictional and structural unemployment.

d. cyclical unemployment less frictional unemployment.

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The natural rate of unemployment: a. the rate of unemployment that happens during a recession. b. equal to the sum of frictional and cyclical unemployment. c. equal to the sum of frictional and structural unemployment. d. cyclical unemployment less frictional unemployment.