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Use the data in the table to answer the question Labor force Unemployed Frictional Structural Cyclical 240,000 4350022500 130008000 Calculate the natural rate of unemployment Enter your answer

Use the data in the table to answer the question. Labor force Unemployed Frictional Structural Cyclical 240,000 43,50022,500 13,0008,000 Calculate the natural rate of unemployment. Enter your answer as a percentage rounded to two decimal places. natural rate of unemployment: Is this economy at full employment? O no unable to tell O yes

Apr 21 2020 View more View Less

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