1. An economy's natural rate of unemployment is a. the economy's long-run target level of unemployment....
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1. An economy's natural rate of unemployment is a. the economy's long-run target level of unemployment. b. the amount of unemployment that the economy normally experiences. c. the lowest rate of unemployment the economy can achieve. d. All of the above are correct. 2. The deviation of unemployment from its natural rate is called a. the unnatural rate of unemployment. b. structural unemployment. c. frictional unemployment. d. cyclical unemployment. 1. An economy's natural rate of unemployment is a. the economy's long-run target level of unemployment. b. the amount of unemployment that the economy normally experiences. c. the lowest rate of unemployment the economy can achieve. d. All of the above are correct. 2. The deviation of unemployment from its natural rate is called a. the unnatural rate of unemployment. b. structural unemployment. c. frictional unemployment. d. cyclical unemployment.
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