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(6 Marks) In Canada, the natural rate of unemployment is 6 percent, while in the US it is only 4 percent. Explain why there is

  1. (6 Marks) In Canada, the natural rate of unemployment is 6 percent, while in the US it is only 4 percent. Explain why there is a difference between these two countries.

How does a country determine its natural rate of unemployment?

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