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Suppose that there is no output gap, which of the following will be true? Structural, frictional and cyclical unemployment will exist in the economy. Only
Suppose that there is no output gap, which of the following will be true? Structural, frictional and cyclical unemployment will exist in the economy. Only frictional unemployment will exist in the economy. The unemployment rate will be greater than 0%. Only structural unemployment will exist in the economy. The unemployment rate will be 0%
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Modern Principles of Economics
Authors: Tyler Cowen, Alex Tabarrok
3rd edition
1429278390, 978-1429278416, 1429278412, 978-1429278393
