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The Natural Unemployment Rate Is Defined as Frictional Unemployment Plus

question 137

True/False

The natural unemployment rate is defined as frictional unemployment plus cyclical unemployment.


Definitions:

Shaping

An operant conditioning procedure in which reinforcers guide behavior toward closer and closer approximations of the desired behavior.

Reinforcers

Stimuli, events, or conditions that increase the likelihood of a behavior being repeated.

Reinforcement

In operant conditioning, any event that strengthens the behavior it follows.

Successive Approximations

A method of shaping behavior by rewarding actions that are progressively closer to the desired behavior.

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