If unemployment equals the natural unemployment rate, then there
A. is zero unemployment.
B. is only frictional or structural unemployment.
C. are no job openings existing at the time.
D. is less than full employment.
Answer:B
If unemployment equals the natural unemployment rate, then there
A. is zero unemployment. B. is only frictional or structural unemployment. C. are no job openings existing at the time. D. is less than full employment.