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Business, 18.11.2020 17:30 jordenv00

A) A country's natural unemployment rate is 4 percent and its actual unemployment rate is 7 percent, what is its cyclical unemployment rate? Instructions: Enter the value for the output gap as an absolute number B) According to Okun's law, this country would have a recessionary output gap of percent percent.

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A) A country's natural unemployment rate is 4 percent and its actual unemployment rate is 7 percent,...

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