What is natural about the natural rate of unemployment? Why might the natural rate of unemployment differ

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What is “natural” about the natural rate of unemployment? Why might the natural rate of unemployment differ across countries?

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Principles of economics

ISBN: 978-0538453042

6th Edition

Authors: N. Gregory Mankiw

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Question Posted: Dec 14, 2012 06:22 AM

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What is natural about the natural rate of unemployment? Why might the natural rate of unemployment differ

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The natural rate of unemployment is natural because it is beyond the influence of monetary p...View the full answer

Principles of economics

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