If unemployment fell to 1.2 percent in World War II, why couldn't it be reduced to 1.2

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If unemployment fell to 1.2 percent in World War II, why couldn't it be reduced to 1.2 percent today?

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Macroeconomics

ISBN: 978-0077307110

8th edition

Authors: David Colander

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Question Posted: Feb 12, 2016 04:55 AM

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If unemployment fell to 1.2 percent in World War II, why couldn't it be reduced to 1.2

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Reducing unemployment to 12 percent today is not likely for several r...View the full answer

Macroeconomics

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