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Which of the Following Is True

Question 58

Multiple Choice

Which of the following is true?


A) Frictional unemployment implies a lack of available jobs.
B) During a recession,cyclical unemployment will be low.
C) When an economy is at full employment,actual unemployment will be less than the natural rate of unemployment.
D) When actual GDP equals potential GDP,the actual unemployment rate will equal the economy's natural rate of unemployment.

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