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True or False: Questions 9: The natural rate of unemployment consists of frictional unemployment plus structural unemployment.
Revelant knowledge
A natural unemployment rate the lowest rate of unemployment where inflation remains stable or the unemployment rate that is present without accelerating inflation. But, today, there are many economists who disagree on the exact amount of unemployment that is considered to be the natural amount of unemployed.
Answer: True
Explanation: The natural unemployment rate include both the frictional unemployment rate and structural unemployment rate. It does not include cyclical unemployment rate.