4. Which of the following is true of the natural rate of unemployment? I. It includes frictional...
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4. Which of the following is true of the natural rate of unemployment?
I. It includes frictional unemployment.
II. It includes structural unemployment.
III. It is equal to 0%.
a. I only
b. II only
c. III only
d. I and II
e. I, II, and III
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