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7. Economists in Olliestan estimate the natural rate of unemployment is 7 percent. If the official unemployment rate is 9 percent, then A) cyclical unemployment

7. Economists in Olliestan estimate the natural rate of unemployment is 7 percent. If the official unemployment rate is 9 percent, then

A) cyclical unemployment is negative.

B) there is a recessionary gap.

C) healthy unemployment is 2 percent.

D) cyclical unemployment is 9 percent.

E) there is an inflationary gap.

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