Solved: If the unemployment rate is 10-percent and 90 million, Microeconomics

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If the unemployment rate is 10-percent and 90 million

Question: 1. If the unemployment rate is 10-percent and 90 million people are working, how many people are unemployed?

2. What are the four types of unemployment?

3. What are the four causes of unemployment?

4. Natural Unemployment = ________________________ +

5. What type of unemployment describes workers who have mismatched job skills?

6. What type of unemployment results when our economy contracts?

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Microeconomics: If the unemployment rate is 10-percent and 90 million

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