Jsquad3193 Jsquad3193
  • 15-03-2024
  • Business
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According to the Bureau of Labor Statistics, the actual unemployment rate was 8.3% in February 2012 and the natural rate of unemployment was 5.2%. The _____ unemployment rate was ____.

a. frictional; 4%
b. cyclical; 3.1%
c. structural; 4%
d. cyclical; 14%

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