If the economy is operating at the natural rate of unemployment, ...

[dakota nelson]

If the economy is operating at the natural rate of unemployment, which of the following is essentially eliminated?
 a. frictional unemployment
  b. structural unemployment
  c. cyclical unemployment
 d. all of the above

Question 2

The natural rate of unemployment:
 a. is the sum of both frictional and structural unemployment when they are at a maximum.
  b. includes only frictional unemployment.
 c. includes only structural unemployment.
 d. includes only cyclical unemployment.

[Ashley I]

Answer to Question 1

c

Answer to Question 2

a