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1 Using 2 diagrams, explain the causes of cyclical (demand-deficient) unemployment. 2 Using a diagram, explain the causes of and give examples of structural unemployment,
1 Using 2 diagrams, explain the causes of cyclical (demand-deficient) unemployment. 2 Using a diagram, explain the causes of and give examples of structural unemployment, seasonal unemployment, and frictional unemployment. 3 Using imaginary numbers, explain the natural rate of unemployment.
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