Answer the Question on the Basis of the Following Information

question 65

Multiple Choice

Answer the question on the basis of the following information about the hypothetical economy of Scoob.All figures are in millions. $\begin{array} { l l } \text { Unemployed } & 7 \\\text { Total Population } & 145 \\\text { Employed } & 95 \\\text { Discouraged Workers } & 3\end{array}$ Refer to the given information.If the natural rate of unemployment in Scoob is 5 percent,then:

• A) structural unemployment is about 3 percent.
• B) frictional unemployment is about 2 percent.
• C) cyclical unemployment is about 2 percent.
• D) hidden unemployment is about 5 percent.

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Definitions:

Intervene

To come between disputing parties, events, or processes to alter a result or prevent certain actions.

Angel Investor

A wealthy individual who provides financial backing for small startups or entrepreneurs, often in exchange for ownership equity in the company.

Return

Refers to the income generated from an investment, including dividends, interest, or capital gains, expressed usually as a percentage.

Investment

The act of allocating resources, usually money, with the expectation of generating an income or profit.