+1 862 207 3288 type of unemployment—frictional, structural, or cyclical
1. Which type of unemployment—frictional, structural, or cyclical—does the Federal Reserve seek to reduce? Why doesn’t the Fed seek to reduce the unemployment rate to zero?
2. Why do fluctuations in interest rates make investment decisions by households and firms more difficult?
type of unemployment—frictional, structural, or cyclical
