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    Exam 9: Classical Macroeconomics and the Self-Regulating Economy
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    If the Structural Unemployment Rate Is 3 Percent,the Frictional Unemployment
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If the Structural Unemployment Rate Is 3 Percent,the Frictional Unemployment

Question 140

Question 140

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If the structural unemployment rate is 3 percent,the frictional unemployment rate is 3 percent,and the current unemployment rate is 5 percent,then the economy is in a recessionary gap.

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