3 years ago

If the actual rate of unemployment is above the natural rate of unemployment, then _____

Social Studies

1 answer:

Zigmanuir [339]3 years ago

3 0

Answer:

The the economy is considered to be a recession.

Explanation:

The <em>natural unemployment rate</em> is individual for every country and can be observed when countries is it normal sate. When it is neither experiencing boom or a slump. <u>Increase of the unemployment rate indicates that there is not enough work on the labor market and that the economy is in an unhealthy state.</u> Meanwhile, natural unemployment rate is never equal to zero, for example due to structural factors.

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