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Answer to Question #126839 in Macroeconomics for lllaassj
Question #126839
- Which one of the following statements is correct? Although the economy’s output is at its maximum capacity, are there still structural and frictional unemployment. A. “Steady-state”.
- B. Unrealistic unemployment rate.
- C. Natural unemployment rate.
- D. Cost-push unemployment.
Expert's answer
- C. Natural unemployment rate.
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#340153 on Dec 2023
#340153 on Dec 2023
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