Structural unemployment can be reduced by retraining workers for new industries.
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Q156: Full employment is defined as zero unemployment.
Q157: The GDP deflator is the narrowest of
Q158: The unemployment rate is defined as the
Q159: A cost-of-living index measures the amount of
Q160: The GDP deflator shows that since the
Q162: Use of the GDP deflator allows economists
Q163: The unemployment rate is
A) 100% minus the
Q164: The consumer price index is a cost-of-living
Q165: Supply shocks can cause inflation.
Q166: Inflation can result from a trade surplus.
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