Question

All three types of unemployment with definition and examples in macroeconomics

Answer 1

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1.Natural Unemployment. There will always be some level of unemployment, even in a healthy economy

2.Frictional Unemployment. Frictional unemployment occurs when workers leave their old jobs

3.Structural Unemployment. Structural unemployment exists when shifts occur in the economy  

4.Cyclical Unemployment. Cyclical unemployment is not part of the natural unemployment rate.

Answer 2

1.Natural Unemployment

2.Frictional Unemployment. 

3.Structural Unemployment.

 4.Cyclical Unemployment.