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Percentage Deviations from Trend in Unemployment Are

Question 11

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Percentage deviations from trend in unemployment are


A) procyclical and have been larger than the percentage deviations from trend in real GDP.
B) procyclical and have been smaller than the percentage deviations from trend in real GDP.
C) countercyclical and have been larger than the percentage deviations from trend in real GDP.
D) countercyclical and have been smaller than the percentage deviations from trend in real GDP.
E) procyclical and have been smaller than the percentage deviations from trend in labour force participation.

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