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NYC NYC
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8 years ago
During the recession of 2002, cyclical unemployment increased as the recession continued. This increase in cyclical unemployment would have:
A) had no effect on the natural of unemployment.
B) decreased the natural rate of unemployment.
C) increased the natural rate of unemployment.
D) either increased or decreased the natural rate of unemployment.
Textbook 
Principles of Macroeconomics

Principles of Macroeconomics


Edition: 11th
Authors:
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JesslynJesslyn
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NYC Author
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#2
8 years ago
I was thinking the same, thank you
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