Should we take account of adaptation, or the lack of adaptation, to unemployment when calculating the unemployment

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Should we take account of adaptation, or the lack of adaptation, to unemployment when calculating the unemployment– inflation trade- off? What effect would this have?

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Behavioral Economics

ISBN: 9781138097124

3rd Edition

Authors: Edward Cartwright

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Question Posted: Nov 12, 2024 01:00 AM

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Should we take account of adaptation, or the lack of adaptation, to unemployment when calculating the unemployment inflation trade- off? What effect would this have?
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Should we take account of adaptation, or the lack of adaptation, to unemployment when calculating the unemployment

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Behavioral Economics

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