Use the Following to Answer Questions: Table: Unemployment Statistics for Country

question 52

Multiple Choice

Use the following to answer questions: Table: Unemployment Statistics for Country X $$\begin{array} { l l l } \hline \text { Type of Unemployment } & \mathbf { 1 9 9 5 } & \mathbf { 2 0 0 5 } \\\hline \text { Frictional unemployment } & 1.5 \% & 1 \% \\\text { Cyclical unemployment } & 3.4 \% & 4.7 \% \\\text { Structural unemployment } & 2.5 \% & 1.9 \% \\\hline\end{array}$$
-(Table: Unemployment Statistics for Country X) Using the data in the table, what is the natural unemployment rate for this country in the year 1995?

• A) 1.5%
• B) 4%
• C) 3.4%
• D) 2.5%