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The natural rate of unemployment: I. includes frictional and structural unemployment. II. is equal to zero when an economy is producing at a point on
The natural rate of unemployment: I. includes frictional and structural unemployment. II. is equal to zero when an economy is producing at a point on its production possibilities frontier. III. is the unemployment rate that exists when the quantity of labor demanded is equal to the quantity of labor supplied. Question 3 Select one: a. I, II, and III b. I and II only c. I and III only d. II and III only
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