If the Frictional Rate of Unemployment Equals 3 Percent, the Structural

question 18

Multiple Choice

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

• A) 1%.
• B) 5%.
• C) 6%.
• D) 7%.

---

Definitions:

Heart Disease

A range of conditions that affect the heart, including coronary artery disease, heart rhythm problems (arrhythmias), and heart defects present at birth, among others.

Life Expectancy

The average number of years an individual or population is expected to live, based on statistical analysis.

Sierra Leone

A country in West Africa, known for its rich history, diverse culture, and as the scene of a brutal civil war in the 1990s.

Poor African Country

Refers to a nation within the African continent characterized by low GDP per capita, struggling economies, and below-standard living conditions.