4. As of July 2015, the unemployment rate in the United States was 5.5 percent. What would economists call this level of unemployment? A. Structural unemployment B. Cynical unemployment C. High level of unemployment D. Normal unemployment

Principles of Economics 2e
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ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter21: Unemployment
Section: Chapter Questions
Problem 44CTQ: The U.S. unemployment rate increased from 4.6 in July 2001 to 5.9 by June 2002. Without studying the...
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4. As of July 2015, the unemployment rate in the United States was 5.5 percent. What would economists call this level of unemployment? A. Structural unemployment B. Cynical unemployment C. High level of unemployment D. Normal unemployment
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