The natural unemployment rate incorporates (that is, it includes and directly tracks) structural unemployment: A. sometimes, depending on the level of cyclical unemployment. B. false C. true D. rarely, depending on the level of cyclical unemployment

The natural unemployment rate incorporates (that is, it includes and directly tracks) structural unemployment: A. sometimes, depending on the level of cyclical unemployment. B. false C. true D. rarely, depending on the level of cyclical unemployment

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter18: Introduction To Macroeconomics: Unemployment, Inflation, And Economic Fluctuations

Section: Chapter Questions

Problem 7P

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Question

The natural unemployment rate incorporates (that is, it includes and directly tracks)

structural unemployment:

sometimes, depending on the level of cyclical unemployment.

false

true

rarely, depending on the level of cyclical unemployment

Definition Definition State in which an individual is without work, despite actively seeking employment opportunities. The unemployment rate refers to the percentage of the workforce that is currently unemployed. Unemployment is one of the key indicators of the conditions prevailing in an economy. It is therefore considered a barometer that points out the condition of an economy.

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