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Assume that frictional unemployment is 50; structural unemployment is 60; cyclical unemployment is 10; discouraged workers equal 70; and the number of employed workers is
Assume that frictional unemployment is 50; structural unemployment is 60; cyclical unemployment is 10; discouraged workers equal 70; and the number of employed workers is 500. Calculate thenaturalrate of unemployment.
Question 15 options:
10.6%
8.9%
17.74%
25.2%
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