What forces create the natural rate of unemployment for an economy?

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Principles Of Economics

ISBN: 9781506699868

2nd Edition

Authors: OpenStax

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Question Posted: Oct 31, 2023 09:23 AM

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What forces create the natural rate of unemployment for an economy?

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The natural rate of unemployment often referred to as the nonaccelerating inflation rate of unemployment NAIRU is the level of unemployment that exists in an economy when it is in a state of equilibri...View the full answer

Principles Of Economics

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