Title: Suppose the measured unemployment rate is 6.1% and the true natural rate of unemployment is 5.1%. If Post by: Cuba on Jun 18, 2015 Suppose the measured unemployment rate is 6.1% and the true natural rate of unemployment is 5.1%. If the chair of the Fed believes the natural rate of unemployment to be 6.7%, then the chair will
A) stimulate the economy when it should be slowed. B) slow the economy when it should be stimulated. C) stimulate the economy, exactly as called for. D) slow the economy, exactly as called for. Title: Re: Suppose the measured unemployment rate is 6.1% and the true natural rate of unemployment is 5.1% Post by: IloveChi on Aug 26, 2015 Content hidden
Title: Re: Suppose the measured unemployment rate is 6.1% and the true natural rate of unemployment is 5.1%. If Post by: Cuba on Aug 31, 2015 Exactly what I needed, thanks a million.
Title: Re: Suppose the measured unemployment rate is 6.1% and the true natural rate of unemployment is 5.1%. If Post by: IloveChi on Aug 31, 2015 Wasn't so hard, referencing the textbook helped.
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