Name the three types of unemployment.
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Q63: Economists consider an economy to be at
Q64: Structural unemployment exists because workers and employers
Q65: The actual unemployment rate can be greater
Q66: In periods when GDP fails to grow
Q67: Unemployment occurs even during periods when the
Q69: The natural rate of unemployment
A) can vary
Q70: Cyclical unemployment increases during recessions.
Q71: Actual unemployment can exceed the natural rate
Q72: Economic expansions might lead to inflation because
Q73: In periods when GDP grows very rapidly
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