If the natural rate of unemployment is 5.2 percent and the actual rate of unemployment is 5.7 percent, then by definition there is

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Mateusz Gebroski · Answer 1 · 2018-04-19T05:43:46+0000

If the actual rate is higher than the natural rate, the economy is in a recession (also know as a slump).

... by definition there is a recession.

If the natural rate of unemployment is 5.2 percent and the actual rate of unemployment is 5.7 percent, then by definition there is

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