Homework Help: Macro Economics

Posted by Joel on Monday, September 29, 2008 at 9:22pm.

Does anyone know how to calculate the frictional rate of employment...given the following information...
The structural unemployment rate of 2.8%, actual unemployment rate of 7% and cyclical unemployment is 2.0%
I just need to know the formula to use??

Macro Economics - Joel, Monday, September 29, 2008 at 9:23pm
I meant frictional unemployment rate
Macro Economics - economyst, Tuesday, September 30, 2008 at 9:22am
I believe the types of unemployment should add up. That is, total=structural+cyclical+frictional

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