Answer the question on the basis of the following information about the hypothetical economy of Scoob.All figures are in millions. Refer to the given information.If the natural rate of unemployment in Scoob is 5 percent,then:
A) structural unemployment is about 3 percent.
B) frictional unemployment is about 2 percent.
C) cyclical unemployment is about 2 percent.
D) hidden unemployment is about 5 percent.
Correct Answer:
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