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Which of the following is NOT true regarding the natural rate of unemployment? 1-The natural rate of unemployment equals the sum of the frictional and
Which of the following is NOT true regarding the natural rate of unemployment? 1-The natural rate of unemployment equals the sum of the frictional and structural rates. 2-If the economy is operating at the natural rate of unemployment , cyclical unemployment is equal to zero . 3- The natural rate of unemployment correlate positively with the level of GDP growth in an economy . 4-Thaw actual rate unemployment varies around the natural rate over time
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