In dynamic economy under ideal conditions

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Reference no: EM131098898

In a dynamic economy under ideal conditions,

a. the unemployment rate should be near zero.

b. some unemployment would be present due to workers temporarily being out of work while changing jobs.

c. unemployment would tend to move upward slightly as prices increased.

d. unemployment would tend to move slightly downward as unemployment compensation benefits increased.

Reference no: EM131098898

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