What distinguishes the non-accelerating inflation rate of unemployment (NAIRU) from the natural rate of unemployment?

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Economics Today

ISBN: 978-0132554619

16th edition

Authors: Roger LeRoy Miller

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Question Posted: Aug 01, 2016 12:45 PM

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What distinguishes the non-accelerating inflation rate of unemployment (NAIRU) from the natural rate of unemployment?

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It is important that before differentiating let us first be clear with what natural rate o...View the full answer

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