May 25, 2016

Homework Help: macroeconomics

Posted by Anonymous on Tuesday, March 27, 2012 at 10:44pm.

If the economy currently has a frictional unemployment rate of 2 percent, structural unemployment of 2 percent, seasonal unemployment of 0.5 percent, and cyclical unemployment of 2 percent, what is the natural rate of unemployment? Where is the economy operating relative to its potential GDP?

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