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Macroeconomics 12th Edition by Michael Parkin
Edition 12ISBN: 978-0133872279Macroeconomics 12th Edition by Michael Parkin
Edition 12ISBN: 978-0133872279 Exercise 3
Use the following information to work Problem.
In October 2009, the U.S. unemployment rate was 10.0 percent. In October 2011, the unemployment rate was 8.9 percent. Predict what happened to:
Unemployment between October 2009 and October 2011, assuming that the labor force was constant.
In October 2009, the U.S. unemployment rate was 10.0 percent. In October 2011, the unemployment rate was 8.9 percent. Predict what happened to:
Unemployment between October 2009 and October 2011, assuming that the labor force was constant.
Explanation
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Unemployment rate is the percentage of t...
Macroeconomics 12th Edition by Michael Parkin
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