The natural rate of unemployment   a. is constant over time.   b. does not depend on the rate at which the Fed increases the money supply.   c. is the socially desirable rate of unemployment.   d. varies over time, but can’t be changed by the government.

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Unemployment and Cost of Unemployment

Unemployment is the state of being unemployed, even when an individual is actively seeking work opportunities. The unemployment rate refers to the percentage of the workforce that is currently unemployed.