If 21% of unemployed find jobs and 0.9% of the employed lose their jobs, the natural rate of unemployment will be:Group of answer choices4.1%3.1%3.5%4.8%
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Solution 1
The natural rate of unemployment is not directly calculated from the percentage of unemployed people who find jobs or the percentage of employed people who lose their jobs. It is a long-term unemployment rate around which the actual unemployment rate fluctuates due to short-term economic changes. It Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solv
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