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  • Card 26 / 27:
    natural rate of unemployment

    the unemployment rate that would exist in a growing and healthy economy from the combination of economic, social, and political factors that exist at a given time

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Source:  OpenStax, Macroeconomics. OpenStax CNX. Jun 16, 2014 Download for free at http://legacy.cnx.org/content/col11626/1.10
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