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    Macroeconomics Study Set 47
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    Exam 8: The Phillips Curve, the Natural Rate of Unemployment and Inflation
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    A Number of Factors Are Believed to Have Caused Changes
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A Number of Factors Are Believed to Have Caused Changes

Question 16

Question 16

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A number of factors are believed to have caused changes in the natural rate of unemployment in Australia during the 1990s. Briefly comment on each of these factors.

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