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Which of the following is the most likely cause of a demand deficient unemployment (or...

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Which of the following is the most likely cause of a demand deficient unemployment (or cyclical unemployment)?

A.

A fall in domestic interest rates

B.

Significantly lower labor costs available in a developing country

C.

Improvement in the terms of trade

D.

Excess aggregate demand in the economy of a trading partner

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TESTED 02 Aug 2025