Why do people expect inflation to heat up when the unemployment rate approaches 4 percent?

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The Macro Economy Today

ISBN: 978-1259291821

14th edition

Authors: Bradley R. Schiller, Karen Gebhardt

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Question Posted: May 03, 2018 08:20 AM

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Why do people expect inflation to heat up when the unemployment rate approaches 4 percent?

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Some economists estimate that the amount of frictional unemployment existing in th...View the full answer

The Macro Economy Today

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