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

[lilldybug07]

The natural rate of unemployment is the unemployment rate that would exist in the absence of _____.
 a. structural unemployment
  b. educated unemployment
  c. cyclical unemployment
  d. frictional unemployment
  e. underemployment

Question 2

Economists prefer to look at declared preferences (how they say they behave) rather than revealed preferences (how people actually behave).
 a. True
  b. False
  Indicate whether the statement is true or false

[Dunkey]

Answer to Question 1

c

Answer to Question 2

False

[lilldybug07]

Thanks for the timely response, appreciate it

[smrtceo]

Excellent