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One of the key aspects of macroeconomics is unemployment. For Executive Summary 1, define the requirements the Bureau of Labor Statistics uses to categorize a
One of the key aspects of macroeconomics is unemployment. For Executive Summary 1, define the requirements the Bureau of Labor Statistics uses to categorize a person as "unemployed." Then define/describe the three types of unemployment, when each of these occur in the economy, and drawing emphasis to the business cycle and its affect on unemployment.
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