What is meant by the natural level of income and employment? Why is the long-run aggregate supply

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What is meant by the natural level of income and employment? Why is the long-run aggregate supply curve vertical at the natural level?

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International Economics

ISBN: 9780078021671

8th Edition

Authors: Dennis Appleyard, Alfred Field

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Question Posted: Dec 02, 2015 04:32 AM

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What is meant by the natural level of income and employment? Why is the long-run aggregate supply

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The natural level of employment is the level of emplo...View the full answer

International Economics

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