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Historical data show that during the recession of 19901991, the natural rate of unemployment was about 5.9% while the actual unemployment rate was 7.0%. A

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Historical data show that during the recession of 19901991, the natural rate of unemployment was about 5.9% while the actual unemployment rate was 7.0%. A decade later, during the 2001 recession, the natural rate of unemployment fell to 4.8% while actual unemployment was 6.0%. Using this information, which of the following statements isregarding these two short recessions

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