East Westfalia reported these unemployment rates for 2015: cyclical 4 percent, seasonal 2 percent, frictional 5 percent and structural 3 percent. East Westfalia has an inflationary gap.
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Q92: There must be cyclical unemployment during a
Q93: In an inflationary gap, the cyclical unemployment
Q94: The official unemployment rate can fall below
Q95: Natural unemployment is part of the healthy
Q96: East Westfalia reported these unemployment rates for
Q98: In a recessionary gap, frictional unemployment can
Q99: In an inflationary gap, cyclical unemployment is
Q100: Economists in Olliestan estimate the natural rate
Q101: Inflation is a fall in the
A) average
Q102: If the inflation rate is 10 percent,
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