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(3) Explain why the oicial unemployment rate might have underestimated the true unemployment condition in an economy? (11 marks) (b) Why the unemployment rate in

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(3) Explain why the oicial unemployment rate might have underestimated the true unemployment condition in an economy? (11 marks) (b) Why the unemployment rate in a market economy is never zero, even at full employment? (1 1 marks) (c) Discuss the government policies to reduce the s1ructural unemployment. (11 marks)

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