The natural rate of unemployment varies over time, with changes in demographics, the structure of the economy,
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The natural rate of unemployment varies over time, with changes in demographics, the structure of the economy, and government policies.
For its goal of high employment, why would it be crucial for the Federal Reserve to be aware of variations in the natural rate of unemployment?
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Related Book For
Money Banking And The Financial System International Edition
ISBN: 978-1292000183
2nd Edition
Authors: R. Glenn Hubbard ,Anthony P Obrien
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