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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