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Which statements below are TRUE? (Choose one or more.) A The natural rate of unemployment is fixed and never changes. B The natural rate of

Which statements below are TRUE? (Choose one or more.) A The natural rate of unemployment is fixed and never changes. B The natural rate of unemployment does not vary with the business cycle. C If the observed unemployment rate were equal to the natural rate of unemployment, cyclical unemployment would be zero. D Ceteris paribus, lowering the minimum wage would reduce the long-term unemployment rate. E The unemployment rate would necessarily fall if the average period of unemployment decreases

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