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An economy has its natural rate of unemployment at 5.5%. As a result of a recent recession, the actual unemployment rate rose to 12%. What
An economy has its natural rate of unemployment at 5.5%. As a result of a recent recession, the actual unemployment rate rose to 12%. What is the cyclical unemployment rate? (5 points) . 17.5% . 12% . 9.5% 8.5% . 7.5% . 6.5% . 5.5% . zero
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