If the Economy Is Operating at the Natural Rate of Unemployment

question 128

Multiple Choice

If the economy is operating at the natural rate of unemployment, which of the following is essentially eliminated?

• A)​frictional unemployment
• B)​structural unemployment
• C)​cyclical unemployment
• D)​all of the above

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Definitions:

Unforeseeable

An event or condition that could not reasonably be predicted or expected.

Intervening Cause

An event that occurs after the defendant's act that contributes to the harm or damage, potentially absolving the defendant of liability because it breaks the chain of causation.

Reasonably Necessary

A standard requiring actions or measures that are logically appropriate and needed to achieve a certain goal or outcome, considering the circumstances.

Risk Of Harm

The potential for individuals to experience injury, damage, or loss as a result of certain actions or events.