Six million persons are unemployed, and 60 million persons are employed. If the natural unemployment rate is

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Six million persons are unemployed, and 60 million persons are employed. If the natural unemployment rate is 5 percent, what does the cyclical unemployment rate equal?

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Economics

ISBN: 978-1285738321

12th edition

Authors: Roger A. Arnold

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Question Posted: Feb 12, 2016 07:09 AM

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Six million persons are unemployed, and 60 million persons are employed. If the natural unemployment rate is

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