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Explain what the natural rate of unemployment or full employment means. How can the natural rate of unemployment be 6% at one time and 5%
Explain what the natural rate of unemployment or full employment means. How can the natural rate of unemployment be 6% at one time and 5% at another time?
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Natural rate of unemployment is the lowest rate of unemployment that an economy can reach It is term...
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Macroeconomics Principles Applications And Tools
Authors: Arthur O Sullivan, Steven M. Sheffrin, Stephen J. Perez
7th Edition
978-0134089034, 9780134062754, 134089030, 134062752, 978-0132555234
