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    Explain how the natural rate of unemployment may be higher in low-income countries.

    Aside from a high natural rate of unemployment due to government regulations, subsistence households may be counted as not working.

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Source:  OpenStax, Principles of macroeconomics for ap® courses. OpenStax CNX. Aug 24, 2015 Download for free at http://legacy.cnx.org/content/col11864/1.2
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