Q1 if the economy currently has a frictional unemployment

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Q1. If the economy currently has a frictional unemployment rate of 2 percent, structural unemployment of 2 % seasonal unemployment of 0.5 % as well as cyclical unemployment of 2 %. Illustrate what is the natural rate of joblessness? Where is the economy operating relative to its potential GDP?

Q2. Why do you think politicians in Indonesia tried to block Cemex's attempt to gain majority control over Semen Gresik? What do you think Indonesia's best interests were served by limiting Cemex's FDI in the country?

Reference no: EM13355246

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