Suppose That in an Economy the Structural Unemployment Rate Is

question 130

Multiple Choice

Suppose that in an economy the structural unemployment rate is 2.1 percent,the frictional unemployment rate is 2.3 percent,and the unemployment rate is 12.1 percent.The natural unemployment rate is _________ percent and the cyclical unemployment rate is ___________ percent.

• A) 7.7; 4.4
• B) 0.2; 9.9
• C) 4.4; 7.7
• D) 10; 3.1