5. How do economists explain the high natural rate of unemployment in the 1970s and 1980s? How...

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5. How do economists explain the high natural rate of unemployment in the 1970s and 1980s?

How do they explain the fall in the natural rate in the 1990s and early 2000s?

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Macroeconomics

ISBN: 9781429218870

7th Edition

Authors: N. Gregory Mankiw

Question Posted: Sep 27, 2024 09:00 AM

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How do economists explain the high natural rate of unemployment in the 1970s and 1980s? How do they explain the fall in the natural rate in the 1990s and early 2000s?
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5. How do economists explain the high natural rate of unemployment in the 1970s and 1980s? How do they explain the fall in the natural rate in the 1990s and early 2000s?
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5. How do economists explain the high natural rate of unemployment in the 1970s and 1980s? How...

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Macroeconomics

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