What is the equilibrium unemployment rate and why isnt it equal to zero? Explain.
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What is the equilibrium unemployment rate and why isn’t it equal to zero? Explain.
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The equilibrium unemployment rate also known as the natural or nonaccelerating inflation rate of unemployment NAIRU is the level of unemployment that ...View the full answer
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Related Book For 
Principles Of Economics
ISBN: 9781319330156,9781319419769
2nd Edition
Authors: Betsey Stevenson, Justin Wolfers
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