When the economy moves into and out of recessions and expansions, the unemployment rate fluctuates around the

Name: When the economy moves into and out of recessions and expansions, the unemployment rate fluctuates around the
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The unemployment rate fluctuates around the natural unemployment rate, which includes frictional and structural unemployment, during economic cycles of recessions and expansions. Cyclical unemployment is the deviation from this natural rate due to economic fluctuations.

When the Economy Moves into and Out of Recessions and Expansions