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If the natural rate of unemployment is 5.2 percent and the actual rate of unemployment is 5.7 percent, then by definition there is

If the natural rate of unemployment is 5.2 percent and the actual rate of unemployment is 5.7 percent, then by definition there is
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If the natural rate of unemployment is 5.2 percent and the actual rate of unemployment is 5.7 percent, then by definition there is

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User JohannesH
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If the actual rate is higher than the natural rate, the economy is in a recession (also know as a slump).

... by definition there is a recession.
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User Mateusz Gebroski
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