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Suppose that the natural unemployment rate is 4.5 percent and the actual unemployment rate is 3.5 percent. In this case, cyclical unemployment is Select one:
Suppose that the natural unemployment rate is 4.5 percent and the actual unemployment rate is 3.5 percent. In this case, cyclical unemployment is
Select one:
a. 0 percent.
b. 3.5 percent.
c. -1 percent.
d. 8 percent.
e. 1 percent.
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