Question: a. If a country's natural unemployment rate is 5 percent and its actual unemployment rate is 7.5 percent, what is its cyclical unemployment rate?
a. If a country's natural unemployment rate is 5 percent and its actual unemployment rate is 7.5 percent, what is its cyclical unemployment rate? percent Instructions: Enter the value for the output gap as an absolute number. b. According to Okun's law, this country would have [(Click to select) output gap of [ percent.
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