The graph below, from the Federal Reserve Economic Database (FRED), shows the US civilian unemployment rate and the US natural rate of unemployment for the period 1945 to 2020. FRED Natural Rate of Ueyment (La Term 11 10 19 1976 Shaded 1995 2000 200s 2010 2015 Sou CO a Between 1998 and 2000, the US was experiencing cyclical unemployment. True or false? mytedig2 b. Between 1998 and 2000, was the full employment rate of un

Pablo used to work for a marketing firm. Although he liked his job, he had to resign because it took him too much time to commute to work. After resigning, he searched for a job, and within a month, he found a better job that was closer to his home. In the given scenario, the duration of Pablo's unemployment exemplifies Oseasonal unemployment O structural unemployment O frictionar unemployment Ocyclical unemployment

Suppose the economy of Mistania has an adult population of 600 million people. 43 million workers are unemployed and 437 millions are employed. What is the labor force? ← OBelow the Natural Rate of Unemployment OAt the Natural Rate of Unemployment OAbove the Natural Rate of Unemployment million What is the unemployment rate? Indicate how the unemployment rate in Mistania compares to the Natural Rate of Unemployment. %

The figure on the right shows the average monthly flows (in millions) between employment, unemployment, and non-participation for a hypothetical economy. According to the figure, the proportion of unemployed workers finding jobs in an average month is %. (Round your response to one decimal place.) U.S. data covering the 1996-2014 period show that the proportion of unemployed workers finding jobs has O A. an indeterminate relationship with the unemployment rate. OB. a strong inverse relationship with the unemployment rate. OC. a weak inverse relationship with the unemployment rate. OD. a strong positive relationship with the unemployment rate. Employment 165.8 million 1.9 4.7 2.6 1.7 5.3 Unemployment Out of the labor force 7.7 million 2.0 77.1 million G

What happens to a country's levels of frictional , struc tural , and cyclical unemployment , as well as its labor brce participation rate, as a recession drags on for an extended period of time ?

Which statement correct describes the U.S. unemployment rate? The U.S. unemployment rate A. is calculated as the percentage of the working-age population who are unemployed or discouraged B. shows a downward trend O C. was lower during World War II than during the Vietnam War O D. is calculated as the percentage of the labor force who are unemployed or discouraged