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If We Look at the Annual U

Question 7

Multiple Choice

If we look at the annual U.S.unemployment rates over the last five decades, we see


A) peaks in 1982, 1992, 2002, and 2008, with each peak higher than the last
B) fairly small variations around the natural rate of 5.2%
C) fairly large variations but with the rate quickly returning to about 4% after each peak
D) that the unemployment rate exceeded 10% at least once
E) that the unemployment rate never exceeded 9%

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