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The Graph Shown Displays Various Price and Output Levels in an Economy

question 26

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The graph shown displays various price and output levels in an economy. The graph shown displays various price and output levels in an economy.   If the economy is currently at point E<sub>3</sub>, what could be said about its unemployment? A)  There is higher unemployment than the natural rate. B)  There is lower unemployment than the natural rate. C)  The unemployment rate is near the natural rate. D)  The unemployment rate is zero. If the economy is currently at point E3, what could be said about its unemployment?


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