AquaTyrant5205 AquaTyrant5205

24-01-2020
Business

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When the actual rate of unemployment is equal to the natural rate of unemployment, we conclude that there is no cyclical unemployment True False

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Karabo99 Karabo99

24-01-2020

Answer:

True

Explanation:

When the economy is at full employment, the actual and natural unemployment rates are same with the zero cyclical unemployment.

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