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Figure 3: Classification of unemployment based on the Phillips curve  non-deficient demand, full employment can be reached by removing ‘structural’  unemployment (u,) and can be lowered by expansionary fiscal policy. Once in a situation of

Figure 3 Classification of unemployment based on the Phillips curve non-deficient demand, full employment can be reached by removing ‘structural’ unemployment (u,) and can be lowered by expansionary fiscal policy. Once in a situation of