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1. The US unemployment rate is below 4%, much lower than the average rate seen over the past 20 years. Some people take this as
1. The US unemployment rate is below 4%, much lower than the average rate seen over the past 20 years. Some people take this as a sign that the US economy is doing exceptionally well. Do you agree? (Think about the unemployment rate does and doesn't tell us.)
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Economics Principles and Policy
Authors: William Baumol, Alan Blinder
13th edition
1305280595, 1305280598, 9781305465626 , 978-1305280595
