Question

Public policy

a. can reduce both frictional unemployment and the natural rate of unemployment.
b. cannot reduce frictional unemployment, but it can reduce the natural rate of unemployment.
c. can reduce frictional unemployment, but it cannot reduce the natural rate of unemployment.
d. cannot reduce either frictional unemployment or the natural rate of unemployment.

Answer 1

A: Can reduce both frictional unemployment and the natural rate of unemployment.

Step-by-step explanation:

Public policy can reduce both frictional unemployment and the natural rate of unemployment.