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There are 800 employed workers and 200 unemployed workers in the little village on 1/1/2015 During the first quarter of 2015 50 unemployed individuals found
There are 800 employed workers and 200 unemployed workers in the little village on 1/1/2015 During the first quarter of 2015 50 unemployed individuals found a job while 30 employed workers lost their jobs Suppose that the labor force is constant and so are the job finding and job seperation rates What is the natural unemployment in this economy
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