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a. What is the natural unemployment rate? What is cyclical unemployment? b. What is frictional unemployment? What are possible reasons that would create frictional unemployment?

a. What is the natural unemployment rate? What is cyclical unemployment?

b. What is frictional unemployment? What are possible reasons that would create frictional unemployment?

What policies can a government follow to reduce frictional unemployment in a country?

c. What is structural unemployment? What are possible reasons that would create structural unemployment?

What policies can a government follow to reduce structural unemployment in a country?

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