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Lukecrayonz

  • 3 years ago

Suppose the natural rate of unemployment is 5 percent, there is 2.5 percent frictional unemployment, and the actual rate of unemployment is 7 percent. Then: A) structural unemployment is 2.5 percent and cyclical unemployment is 6.5 percent B) structural unemployment is 2.5 percent and cyclical unemployment is 2 percent C) structural unemployment is 2 percent and cyclical unemployment is 2 percent D) structural unemployment is 6.5 percent and cyclical unemployment is 2 percent

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