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Business, 22.06.2021 16:00 sarah8479

Which of the 3 types of unemployment (frictional, structural, or cyclical) is considered negative and harmful for the economy and, thus, is not included in the natural rate of unemployment? What phase of the business cycle (peak, recession, trough, or expansion) does this type of unemployment occur in? What is the economic cost of unemployment with respect to the production of goods and services and, thus, the economy's GDP level? Explain.

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