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Munze Munze
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6 years ago
Assume an economy experiences, for a given period, a 1% increase in output and a 5% increase in productivity. Given this information, we know that which of the following occurred for this economy during this period?
A) the unemployment rate increased during this period.
B) the unemployment rate decreased during this period.
C) the unemployment rate did not change during this period.
D) the effects on the unemployment rate are ambiguous.
E) none of the above
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Macroeconomics

Macroeconomics


Edition: 6th
Authors:
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Macroeconomics, 6/E (Blanchard, Johnson)
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legendvpnlegendvpn
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6 years ago
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Munze Author
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6 years ago
Just got PERFECT on my quiz
jblazah
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Yesterday
Helped a lot
ezsancheezy
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2 hours ago
Thanks for your help!!
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