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The sum of frictional and structural unemployment is thought of as the

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The sum of frictional and structural unemployment is thought of as the

Question 1.

The natural rate of unemployment is generally thought of as the

▸ ratio of the frictional unemployment rate to the cyclical unemployment rate.

▸ sum of structural unemployment and cyclical unemployment.

▸ sum of frictional unemployment and cyclical unemployment.

▸ sum of frictional unemployment and structural unemployment.

Question 2.

The sum of frictional and structural unemployment is thought of as the

▸ natural rate of unemployment.

▸ normal rate of unemployment.

▸ cyclical rate of unemployment.

▸ seasonal rate of unemployment.

Textbook

Principles of Economics

Edition: 12^th

Authors: Case, Fair, Oster

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