Question
You have the following relationship between unemployment and GDP: u = 6.7 - 0.75(Y - 1000). If Y is 983$, how much is the natural
You have the following relationship between unemployment and GDP: u = 6.7 - 0.75(Y - 1000). If Y is 983$, how much is the natural rate of unemployment? What your answer as a percentage, round at one (1) decimal, but do not write the percentage sign.
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Macroeconomics
Authors: Paul Krugman, Robin Wells, Iris Au, Jack Parkinson
3rd Canadian edition
1319120083, 1319120085, 1319190111, 9781319190118, 978-1319120054
