According to the natural rate hypothesis, the unemployment rate will be equal to the natural unemployment rate

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"According to the natural rate hypothesis, the unemployment rate will be equal to the natural unemployment rate at all times." Is the previous statement correct or incorrect? Explain your answer.

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Foundations of Macroeconomics

ISBN: 978-0132831000

6th edition

Authors: Robin Bade, Michael Parkin

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Question Posted: Mar 04, 2016 07:43 AM

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According to the natural rate hypothesis, the unemployment rate will be equal to the natural unemployment rate

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The statement is incorrect The natural rate hypothesis is the propos...View the full answer

Foundations of Macroeconomics

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