question 10 (2 points)\nlisten\nthe natural unemployment rate is\nanother name for the average annual rate…

question 10 (2 points)\nlisten\nthe natural unemployment rate is\nanother name for the average annual rate of unemployment.\nanother name for the cyclical unemployment rate.\nthe sum of cyclical and frictional unemployment rates.\nthe unemployment rate that is not associated with the business cycle.\nthe sum of cyclical, structural, and frictional unemployment rates.

question 10 (2 points)\nlisten\nthe natural unemployment rate is\nanother name for the average annual rate of unemployment.\nanother name for the cyclical unemployment rate.\nthe sum of cyclical and frictional unemployment rates.\nthe unemployment rate that is not associated with the business cycle.\nthe sum of cyclical, structural, and frictional unemployment rates.

Answer

Brief Explanations:

The natural unemployment rate is composed of frictional and structural unemployment. It exists even when the economy is at full - employment (not in a recession or boom phase of the business cycle). Cyclical unemployment is related to the business cycle (high in recessions, low in booms). The natural rate is not the average annual rate (which can be affected by cyclical changes over years). It is not just cyclical and frictional (missing structural), and not cyclical (as cyclical is part of the business - cycle related unemployment).

Answer:

the unemployment rate that is not associated with the business cycle.