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Question 6 The unemployment rate: was zero during the 1990s in the United States. was zero on average between 1900 and 1950 in the United States. has never been zero in the United States. is usually zero when the economy is not in a recession or depression. 3 pts 

          Question 6
The unemployment rate:
was zero during the 1990s in the United States.
was zero on average between 1900 and 1950 in the United States.
has never been zero in the United States.
is usually zero when the economy is not in a recession or depression.
3 pts
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Question 6 The unemployment rate: was zero during the 1990s in the United States. was zero on average between 1900 and 1950 in the United States. has never been zero in the United States. is usually zero when the economy is not in a recession or depression. 3 pts

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Principles of Economics
Principles of Economics
Gregory Mankiw 8th Edition
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Question 6 3 pts The unemployment rate: was zero during the 1990 s in the United States. was zero on average between 1900 and 1950 in the United States. has never been zero in the United States. is usually zero when the economy is not in a recession or depression. 3pts Question 6 The unemployment rate: was zero during the 1990s in the United States O was zero on average between 1900 and 1950 in the United States has never been zero in the United States O is usually zero when the economy is not in a recession or depression.
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Transcript

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00:01 So here we're given some information about two recessions in the early 90s and the early aughts.
00:05 We're given the natural rate of unemployment, u -star, and we're given the observed unemployment, u.
00:11 And all the answers that were given have to do with cyclical unemployment.
00:15 So i'm going to calculate the cyclical unemployment for both of these.
00:19 For 1990 to 1991, the cyclical unemployment was 1 .1 percent, right? there was 1 .1 percent unemployment above the natural rate.
00:30 And in 2001, the cyclical unemployment, the degree to which unemployment is above the natural rate was 1 .12...
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