Look at the Following Data: the Frictional Unemployment Rate Is

question 31

Multiple Choice

Look at the following data: The frictional unemployment rate is 2 percent,the structural unemployment rate is 3.5 percent,and the actual unemployment rate is 9.5 percent.The natural unemployment rate is ____________ percent and the cyclical unemployment rate is __________ percent.

• A) 1.5; 4
• B) 5.5; 4
• C) 1.5; 6
• D) 6; 15

---

Definitions:

Strategic Objectives

Strategic objectives are specific goals set by a business or organization that align with its overall purpose or vision, often guiding its plans and actions.

Mission Statement

A formal summary that defines the core purpose, values, and objectives of an organization.

Performance Perspectives

Various angles or aspects from which the performance of a company, project, or employee can be evaluated, often encompassing financial, customer, internal processes, and learning and growth viewpoints.

Measure Map

A tool used in quality management and continuous improvement processes to visualize and analyze the steps involved in a process or operation.