Suppose economists were able to measure frictional unemployment as 2%,cyclical unemployment as 0%,and structural unemployment as 3%.Then we would know that the NAIRU is ________ and the actual unemployment rate is ________.
A) 0%; 5%
B) 5%; 5%
C) 0%; 3%
D) 5%; 0%
E) 2%; 5%
Correct Answer:
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