If the natural rate of unemployment is 5 percent, what is the total rate of unemployment if

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If the natural rate of unemployment is 5 percent, what is the total rate of unemployment if output is 2 percent below potential output? What if output is 2 percent above potential output? (LO5)

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Principles Of Macroeconomics

ISBN: 9780415568685

2nd Brief Edition

Authors: Robert Frank, Ben Bernanke

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