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In the long run, unemployment I. will be at the natural rate of unemployment. II . is made up of structural and frictional unemployment. III.

In the long run, unemployment
I. will be at the natural rate of unemployment.
II. is made up of structural and frictional unemployment.
III. could be made up of structural, frictional, and cyclical unemployment.
Group of answer choices
I, II, and III
I and III only
I and II only
I only

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