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Hi, I am having difficulty understanding this question. Assuming the Federal Reserve targets a 2 percent inflation rate and a 4 percent natural unemployment rate
Hi,
I am having difficulty understanding this question.
Assuming the Federal Reserve targets a 2 percent inflation rate and a 4 percent natural unemployment rate over a one-year period, discuss the economy's current alignment to those targets based on data on US inflation and unemployment from the Bureau of Labor Statistics or the Federal Reserve Bank of St. Louis.
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