In a Recession,the Actual Rate of Unemployment in an Economy

question 108

True/False

In a recession,the actual rate of unemployment in an economy is equal to its natural rate of unemployment.

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Definitions:

Frequency Polygon

Line graph that uses data points to represent the frequency of each value of a variable.

Skewed Distribution

A distribution where the tails on one side of the mean are longer or fatter, indicating lack of symmetry.

Frequency Distribution

A representation, often in the form of a table or graph, of how the values in a data set are distributed across categories or intervals.

Infinite Number

A quantity that has no end or limit, often used in mathematics to describe a value that grows without bounds.