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Jay.M Jay.M
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5 years ago
A central concept in macroeconomics is the idea of the natural rate of unemployment. Why does it make sense to define full employment to occur when the unemployment rate equals the natural rate of unemployment, instead of when the unemployment rate equals zero?  Elaborate and explain carefully.
Textbook 
InMacro

InMacro


Edition: 1st
Authors:
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Charline091486Charline091486
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5 years ago
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Jay.M Author
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5 years ago
This site is awesome
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Good timing, thanks!
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2 hours ago
Thanks for your help!!
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