How would an increase in the world price of oil affect the amount of frictional unemployment? Is

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How would an increase in the world price of oil affect the amount of frictional unemployment? Is this unemployment undesirable? What public policies might affect the amount of unemployment caused by this price change?

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Principles of economics

ISBN: 978-0538453042

6th Edition

Authors: N. Gregory Mankiw

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Question Posted: Dec 14, 2012 06:11 AM

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How would an increase in the world price of oil affect the amount of frictional unemployment? Is

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Principles of economics

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