Economists consider the economy to be at "full employment" when there is no cyclical unemployment.
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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
Q75: Which one of the following statements is
Q76: Actual unemployment can fall below the natural
Q77: Frictional unemployment is unemployment reflecting a mismatch
Q78: The typical relationship between inflation and unemployment
Q79: Compared to the natural rate of unemployment,
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