An unemployment rate that is above the natural rate indicates , and we say that the economy is producing at

An unemployment rate that is above the natural rate indicates , and we say that the economy is producing at . a. frictional unemployment; more than the full-employment output level b. cyclical unemployment; more than the full-employment output level c. cyclical unemployment; the full-employment output level d. frictional unemployment; the full-employment output level e. cyclical unemployment; less than the full-employment output level

Leave a Reply

Your email address will not be published. Required fields are marked *