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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.
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InMacro

InMacro


Edition: 1st
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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
Correct Slight Smile TY
Shuqin
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Yesterday
You make an excellent tutor!
momochiime
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2 hours ago
Thanks
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