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suppose the AR(1) model in Exhibit 5 is an accurate representation of our current civilian unemployment data. The unemployment rate for the current month is
suppose the AR(1) model in Exhibit 5 is an accurate representation of our current civilian unemployment data. The unemployment rate for the current month is 3.8% and the prior change was +0.3%. What is the predicted unemployment rate for the next month
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Microeconomics
Authors: Christopher T.S. Ragan, Richard G Lipsey
14th canadian Edition
321866347, 978-0321866349
