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1. When the economy is operating at its natural level of employment. the unemployment rate will...

1. When the economy is operating at its natural level of employment. the unemployment rate will be zero. true or false
2. a recent college graduate who is actively searching for a job is ___ unemployed. (structurally, cylically, or frictionally?)
3. workers whose jobs are eliminates due to technical innovatuons such as artificial intelligence or robotics would be considered___\ unemployed. (structurally, frictionallu; or cylically?)
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Answer #1

1. When the economy is operating at its natural level of employment. the unemployment rate will be zero. true or false

False,

Natural unemployment rate is given by

Natural rate of unemployment=s/(s+f)

where s=job separation rate

f=job finding rate

2. a recent college graduate who is actively searching for a job is ___ unemployed. (structurally, cyclically, or frictionally?)

Its a case of Frictionally unemployed

3. workers whose jobs are eliminates due to technical Innovations such as artificial intelligence or robotics would be considered___\ unemployed. (structurally, frictionally; or cyclically?)

Its a case of Structurally unemployed

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