How high did economists expect the unemployment rate to rise in 2009? How far did it rise
Question:
How high did economists expect the unemployment rate to rise in 2009?
How far did it rise (see Figure 6.6 or Table 8.1)? What explains the difference?
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Economists expected the unemployment rate to rise to 8 percent in 2009 but the actual un...View the full answer
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Related Book For 
The Macro Economy Today
ISBN: 978-1259291821
14th edition
Authors: Bradley R. Schiller, Karen Gebhardt
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