Macroeconomics

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Involuntary Unemployment in 2009

MACRO-LDJS1E

In spring of 2009, the unemployment rate in the United States was approximately 9.4 percent. If the natural rate of unemployment could be assumed at 5.0 percent, what would be the rate of involuntary unemployment during this time period?

A

4.4 percent

B

5 percent

C

9.4 percent

D

14.4 percent