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Suppose That in an Economy the Structural Unemployment Rate Is

Question 47

Multiple Choice

Suppose that in an economy the structural unemployment rate is 1.1 percent,the frictional unemployment rate is 3.3 percent,and the unemployment rate is 3.1 percent.The natural unemployment rate is _________ percent and the cyclical unemployment rate is ___________ percent.


A) 7.5; 4.4
B) 0.2; 9.9
C) 4.4; -1.3
D) 2.2; 3.1

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