If the Natural Rate of Unemployment Is 4%,what Is the Actual

question 120

Multiple Choice

If the natural rate of unemployment is 4%,what is the actual rate of unemployment if output is 2% below potential?

• A) 2%.
• B) 4%.
• C) 5%.
• D) 6%.
• E) 8%.

---

Definitions:

Cohesion

Refers to the degree of closeness and solidarity among members of a group or sections within a substance.

Productivity

Productivity refers to the efficiency and effectiveness with which individuals, companies, or economies produce goods and services, often measured by the output per unit of input.

Working Stage

A phase within a process or project where active work or effort is being applied to achieve specific goals or deliverables.

Chemical Dependency

A condition involving a compelling urge to use addictive substances despite harmful consequences.