If Unemployment Is at the Natural Rate, Then There

question 391

Multiple Choice

If unemployment is at the natural rate, then there

• A) will be only cyclical unemployment.
• B) is no frictional unemployment.
• C) is no cyclical unemployment.
• D) will be cyclical and frictional unemployment but not structural unemployment.

---

Definitions:

Retaining

The act of keeping or maintaining possession, condition, or position of something or someone.

Advancement

Progress or development in personal, professional, or societal contexts, often involving moving to a higher or more complex level.

Diversity Initiative

Programs or policies implemented within organizations to promote and appreciate diversity in the workplace.

Local Economies

The economic systems and conditions present within a specific geographic area, influencing the livelihoods and development of communities.