Table 28-2 Suppose People in the Adult Population in a Small Country

Table 28-2
Suppose people in the adult population in a small country are classified based on their age.
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-Refer to Table 28-2. Suppose that the natural rate of unemployment is 5% for those under 55 and 3% for those 55 and older. The cyclical unemployment rate for those under 55 is

A) 0.88%, which is greater than the cyclical unemployment rate for those 55 and older.
B) 0.88%, which is less than the cyclical unemployment rate for those 55 and older.
C) −0.83%, which is greater than the cyclical unemployment rate for those 55 and older.
D) −0.83%, which is less than the cyclical unemployment rate for those 55 and older.