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7.4 What causes changes in unemployment over the long run  (Page 26/27)

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  • Card 26 / 27:
    natural rate of unemployment

    the unemployment rate that would exist in a growing and healthy economy from the combination of economic, social, and political factors that exist at a given time

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Practice MCQ 1 FlashCards 16 Key Terms 3

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Source:  OpenStax, University of houston downtown: macroeconomics. OpenStax CNX. May 28, 2014 Download for free at http://legacy.cnx.org/content/col11653/1.3
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