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Which Statement Is/are True? I

question 83

Multiple Choice

Which statement is/are true? I. If cyclical unemployment is 0%, then the unemployment rate equals the natural rate of unemployment.
II) The unemployment rate consists of only frictional unemployment or structural unemployment.
III) An unemployment rate of zero percent is generally considered the equivalent of full employment.


Definitions:

Gram

A measure of mass that corresponds to 1/1000th of a kilogram.

Kilograms

The base unit of mass in the International System of Units (SI), equivalent to 1000 grams.

Gram

A unit of measure for mass that is equal to 0.001 kilograms.

Milliliters

A measurement of capacity in the metric system, equal to 0.001 liters.

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