In Figure, does unemployment change more rapidly when it is increasing, or when it is decreasing? Based

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In Figure, does unemployment change more rapidly when it is increasing, or when it is decreasing? Based on previous experience, when will the unemployment rate again reach 4% after the 2008–2009 recession?

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Macroeconomics

ISBN: 978-0132991339

5th edition

Authors: Stephen d. Williamson

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