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The table below shows real GDP,potential GDP and the unemployment rate for a hypothetical economy. TABLE 30-3 Refer to Table 30-3.In which year is the cyclical unemployment equal to 0.3%?
Ability
The competence or skill to do something effectively or achieve a desired result.
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Refers to natural talents or abilities that enable individuals to perform certain tasks effectively.
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A combination of knowledge, skills, abilities, and other characteristics that enable individuals to perform a job effectively.
Skills
The ability to perform tasks and solve problems due to knowledge, practice, and aptitude.
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