When the unemployment rate goes above 5 percent, anything above that 5 percent level is . (LO5)

Question:

When the unemployment rate goes above 5 percent, anything above that 5 percent level is

. (LO5)

a) frictionally unemployed

b) structurally unemployed

c) cyclically unemployed

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Economics

ISBN: 125375

10th Edition

Authors: Stephen Slavin

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