Suppose frictional unemployment is typically UF = 2.8% and structural unemployment is typically US = 2.0%, then what is the “natural” rate of unemployment, UN?
A)5.8%
B)none of the other options.
C)4.8%
D)2.4%
E)1.4%
Suppose frictional unemployment is typically UF = 2.8% and structural unemployment is typically US = 2.0%, then what is the natural rate
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