Suppose That in an Economy the Frictional Unemployment Rate Is

question 42

Multiple Choice

Suppose that in an economy the frictional unemployment rate is 3.1 percent,the natural unemployment rate is 4.5 percent,and the cyclical unemployment rate is -1 percent.The structural unemployment rate is _________ percent and the actual unemployment rate (in this economy) is ___________ percent.

• A) 1.4; 5.5
• B) 1.4; 3.5
• C) 7.6; 6.6
• D) 3.5; 1.4

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Definitions:

Slow Labor

A labor process during childbirth that progresses more slowly than medically expected, potentially necessitating medical intervention to ensure the health of mother and baby.

Medico-Cultural

Pertaining to the intersection of medical practice and cultural beliefs, practices, and norms, and how these influence health behaviors and perceptions.

Sociobiological

Pertaining to the study of the biological basis of social behavior within species.

Anesthetics

Substances used to induce anesthesia, a state of temporary induced loss of sensation or awareness, used during surgical procedures to block pain.