A student looking at Figure 6.2 (given below) argues that Spain must have very high cyclical unemployment
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Figure 6.2
Transcribed Image Text:
24 - 21 18 15 12 12.9 10.3 8.4 8.1 7.0 6.4 5.8 6L 5.7 4
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Macroeconomics Principles Applications and Tools
ISBN: 978-0134420684
9th edition
Authors: Arthur O'Sullivan, Steven Sheffrin, Stephen Perez
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