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    Principles of Economics Study Set 8
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    Exam 28: Unemployment and Its Natural Rate
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    Most Spells of Unemployment Are Short, and Most Unemployment Observed
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Most Spells of Unemployment Are Short, and Most Unemployment Observed

Question 215

Question 215

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Most spells of unemployment are short, and most unemployment observed at any given time is long term. How can this be?

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Most unemployed people in the economy ar...

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