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East Westfalia reported these unemployment rates for 2015: cyclical 3 percent, seasonal 2 percent, frictional 5 percent and structural 4 percent. East Westfalia has a
East Westfalia reported these unemployment rates for 2015: cyclical 3 percent, seasonal 2 percent, frictional 5 percent and structural 4 percent. East Westfalia has a
Select one:
a.full employment equilibrium.
b.recessionary gap.
c.inflationary gap.
d.structural revolution.
e.monetary squeeze.
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