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If cyclical unemployment is positive, which of the following statements MUST be true? Select one: a. The natural rate of unemployment MUST be 7% b.
If cyclical unemployment is positive, which of the following statements MUST be true? Select one: a. The natural rate of unemployment MUST be 7% b. Unemployment is above the natural rate of unemployment c. The unemployment rate is negative d. The economy is experiencing an expansion e. Employment is above the full level of employment
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