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The natural unemployment rate__________. a) is the unemployment rate when there is no cyclical unemployment. B) is less than the actual rate of unemployment. C)
The natural unemployment rate__________.
a) is the unemployment rate when there is no cyclical unemployment.
B) is less than the actual rate of unemployment.
C) is equal to the difference between the forecasted unemployment and the actual unemployment rate.
D) is equal to the number of people cyclically unemployment divided by the number in the labour force.
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