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Assume you are theeconomist for your local government. While you have worked to solve the issue with the declining GDP you realize you alsohave a
Assume you are theeconomist for your local government. While you have worked to solve the issue with the declining GDP you realize you alsohave a rising unemployment rate.
- Explain how unemployment iscalculated and what it is measuring.
- Explain why 0% unemployment is not the goal.
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Foundations of Macroeconomics
Authors: Robin Bade, Michael Parkin
6th edition
132831007, 978-0132831000
