Macroeconomic data
Question 5
1 pts
If the actual unemployment rate for the US is 3.61% in May 2022, then from the concept of unemployment rate at full employment rate (which economists call NAIRU), it can be stated that
actual unemployment rate is above NAIRU
none of these answers are correct statement
actual u-rate is below NAIRU (U-Rate at Full Employment)
actual u-rate is qual to NAIRU