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miss Akunina [59]
3 years ago
11

Imagine an economy where the total rate of unemployment is 6% and the natural rate of unemployment is 3%. In this economy the cy

clical rate of unemployment would be and the frictional rate of unemployment would be . (Select ?% if the rate cannot be determined from the information given.)
Social Studies
1 answer:
saw5 [17]3 years ago
6 0

Answer:

6 percent- 3 percent= 3 percent

Explanation:

Cyclical unemployment rate  =  Current unemployment rate –  natural rate of unemployment (Frictional unemployment rate + Structural unemployment rate)

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