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If the Full-Employment Rate of Unemployment Is 5 Percent,and the Economy

Question 67

Multiple Choice

If the full-employment rate of unemployment is 5 percent,and the economy is experiencing a 7 percent unemployment rate,what is the rate of cyclical unemployment?


A) 7 percent
B) 12 percent
C) -2 percent
D) 5 percent
E) 2 percent

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