According to the data below, in which of the following years was cyclical unemployment negative? Natural Rate of Unemployment (Short-Term) - Civilian Unemployment Rate 11 10 7. 4 2009 2010 2011 2012 2013 2014 2015 2016 2017 Select one: O a. 2010 O b. 2012 Oc 2015 Od. 2017 Percent

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter21: Unemployment
Section: Chapter Questions
Problem 26RQ: What is frictional unemployment? Give examples of frictional unemployment.
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According to the data below, in which of the following years was cyclical unemployment negative?
- Natural Rate of Unemployment (Short-Term)
- Civilian Unemployment Rate
11
10
9.
8.
2009
2010
2011
2012
2013
2014
2015
2016
2017
Select one:
O a.
2010
Ob.
2012
C.
2015
O d. 2017
Percent
Transcribed Image Text:According to the data below, in which of the following years was cyclical unemployment negative? - Natural Rate of Unemployment (Short-Term) - Civilian Unemployment Rate 11 10 9. 8. 2009 2010 2011 2012 2013 2014 2015 2016 2017 Select one: O a. 2010 Ob. 2012 C. 2015 O d. 2017 Percent
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