The unemployment rate that is consistent with full employment is known as ___________________. LO9.2 a. The natural

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The unemployment rate that is consistent with full employment is known as ___________________. LO9.2

a. The natural rate of unemployment.

b. The unnatural rate of unemployment.

c. The status quo rate of unemployment.

d. Cyclical unemployment.

e. Okun’s rate of unemployment.

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Macroeconomics

ISBN: 9781259915673

21st Edition

Authors: Campbell McConnell, Stanley Brue , Sean Flynn

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