If There Is 3 Percent Frictional Unemployment, 4 Percent Structural

question 99

Multiple Choice

If there is 3 percent frictional unemployment, 4 percent structural unemployment, and −2 percent cyclical unemployment, then the natural rate of unemployment equals:

• A)1 percent.
• B)2 percent.
• C)5 percent.
• D)7 percent.

---

Definitions:

Infectious Diseases

Diseases caused by pathogens like bacteria, viruses, fungi, or parasites that can spread directly or indirectly from one person to another.

Conscientious

Characterized by the desire to do one's work or duties well and thoroughly, often associated with a sense of responsibility and diligence.

Posttraumatic Stress Disorder

A mental health condition triggered by experiencing or witnessing a terrifying event, characterized by flashbacks, nightmares, and severe anxiety.

Intrusive Memories

Unwanted, involuntary memories that are distressing and commonly associated with traumatic events.