(d) A positive correlation between ination and unemploy- ment is observed. Does this indicate a causal connection...
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(d) A positive correlation between in°ation and unemploy-
ment is observed. Does this indicate a causal connection or can it be explained in some other way?
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Related Book For 
Forecasting Methods And Applications
ISBN: 9780471532330
3rd Edition
Authors: Spyros G. Makridakis, Steven C. Wheelwright, Rob J Hyndman
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