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The level of unemployment remaining even in a healthy economy is the:

ANominal rate
BNotional rate
CNautical rate
DNatural rate
Answer & Solution
Correct answer: D. Natural rate
1. It never falls to zero. 2. Some churn is always present. 3. That level is the natural rate. _Source: OpenStax Principles of Macroeconomics 3e, Chapter 8, Unemployment._
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