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If jobs are lost at 4% per month and the rate of finding jobs is 10%, what are the average lengths of time of employment,
If jobs are lost at 4% per month and the rate of finding jobs is 10%, what are the average lengths of time of employment, unemployment and the equilibrium unemployment rate?
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Economics Today The Macro View
Authors: Roger LeRoy Miller
19th Edition
0134478762, 978-0134478760
