The following table includes information on the unemployment rates among workers.Unemployment Rates Among WorkersType of UnemploymentRate of Unemployment (percent)CyclicalDiscouraged4.6%2.3Frictional2.4Structural3.4Instructions: Round your answers to 1 decimal place.a. What is the actual unemployment rate?b. What is the natural rate of unemployment?Prev10 of 10Nexte to searchDIIF2F3PrtScnF4F6F7F8

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a. What is the actual unemployment rate? % b. What is the natural rate of unemployment?

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Question

The following table includes information on the unemployment rates among workers.
Unemployment Rates Among Workers
Type of Unemployment
Rate of Unemployment (percent)
Cyclical
Discouraged
4.6%
2.3
Frictional
2.4
Structural
3.4
Instructions: Round your answers to 1 decimal place.
a. What is the actual unemployment rate?
b. What is the natural rate of unemployment?
Prev
10 of 10
Next
e to search
DII
F2
F3
PrtScn
F4
F6
F7
F8

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The natural rate of unemployment is the lowest level an economy can sustain without creating inflation.

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