What Is The Relationship Between The Cyclical Unemployment Rate And The Natural Rate Of Unemployment?
Tuesday, February 9, 2010 22:33Posted in category Unemployment Questions
What is the relationship between the cyclical unemployment rate and the natural rate of unemployment?
A. The minimum unemployment rate possible is the difference between the natural rate of unemployment and the cyclical unemployment rate.
B. The cyclical unemployment rate is the deviation of the unemployment rate from the natural rate of unemployment.
C. The cyclical unemployment rate is often called the natural rate of unemployment.
D. The cyclical unemployment rate is the normal rate of unemployment around which the natural rate of unemployment fluctuates.
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Myo says:
February 10th, 2010 at 1:34 am
B.