Which of the following is true of the natural rate of unemployment? Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. The natural rate of unemployment excludes long-term structural unemployment. a The natural rate of unemployment is the socially optimal or desirable rate of unemployment. The natural rate of unemployment is lower than the actual rate of unemployment during a recession. The natural rate of unemployment excludes frictional unemployment.

ECON MACRO
5th Edition
ISBN:9781337000529
Author:William A. McEachern
Publisher:William A. McEachern
Chapter10: Aggregate Supply
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Jong-term structural unemployment.
.ctual rate of unemployment during a recession. .
Which of the following is true of the natural rate of unemployment?
Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer.
The natural rate of unemployment excludes long-term structural unemployment.
The natural rate of unemployment is the socially optimal or desirable rate of unemployment.
c
The natural rate of unemployment is lowerthan the actual rate of unemployment during a recession.
The natural rate of unemployment excludesfrlctional unemployment.
Transcribed Image Text:Jong-term structural unemployment. .ctual rate of unemployment during a recession. . Which of the following is true of the natural rate of unemployment? Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. The natural rate of unemployment excludes long-term structural unemployment. The natural rate of unemployment is the socially optimal or desirable rate of unemployment. c The natural rate of unemployment is lowerthan the actual rate of unemployment during a recession. The natural rate of unemployment excludesfrlctional unemployment.
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