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Suppose Economists Were Able to Measure Frictional Unemployment as 2%,cyclical

Question 33

Multiple Choice

Suppose economists were able to measure frictional unemployment as 2%,cyclical unemployment as 0%,and structural unemployment as 3%.Then we would know that the NAIRU is ________ and the actual unemployment rate is ________.


A) 0%; 5%
B) 5%; 5%
C) 0%; 3%
D) 5%; 0%
E) 2%; 5%

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