12 Why was the unemployment rate so high during the 1970s? Was the high unemployment rate indicative

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12 Why was the unemployment rate so high during the 1970s? Was the high unemployment rate indicative of a sluggish demand for labor? What do you think will happen to the unemployment rate in the late 1 980s?

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Essentials Of Economics

ISBN: 396414

2nd Edition

Authors: James D Gwartney; Richard Stroup; J R Clark

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