The natural rate of unemployment is the estimated rate of ...

[go.lag]

The natural rate of unemployment is the estimated rate of unemployment that would prevail when ________ unemployment is zero.
 
  A) structural B) cyclical C) seasonal D) frictional

Question 2

Transfer payments are excluded from government purchases in GDP accounting because
 
  A) they are a reward to individuals who have been productive their entire lives.
  B) they are difficult to measure.
  C) nothing is being produced in return for the payment.
  D) they are already included as part of investment.

[medine]

Answer to Question 1

B

Answer to Question 2

C