3. Use the basic model shown in Figure 18.5 to illustrate graphically each of the following: (a)...

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3. Use the basic model shown in Figure 18.5 to illustrate graphically each of the following:

(a) demand-deficient unemployment and

(b) temporary increases in output and employment beyond their natural, or full-employment, levels.

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Contemporary Labor Economics

ISBN: 9780073375953

9th Edition

Authors: Campbell McConnell, Stanley Brue, David Macpherson

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