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Look at the Following Data: the Frictional Unemployment Rate Is

question 73

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Look at the following data: The frictional unemployment rate is 3 percent,the natural unemployment rate is 6.5 percent,and the cyclical unemployment rate is 2.4 percent.The structural unemployment rate is __________ percent and the actual unemployment rate (in this economy) is __________ percent.


Definitions:

Biology

The scientific study of life and living organisms, including their structure, function, growth, evolution, and distribution.

Ethnomethodologists

Sociologists who study how people use everyday conversational and social interactions to construct a shared social reality.

Accounts

In sociology, explanations or narratives given to justify actions or behaviors and to maintain social identities or relationships.

Accepted

Widely recognized or approved by a majority within a societal or specific group context.

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