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    Economics Principles and Policy Study Set 2
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    Exam 33: The Trade-Off Between Inflation and Unemployment
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    What Reasons Would Economists Give for an Increase in the Natural
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What Reasons Would Economists Give for an Increase in the Natural

Question 100

Question 100

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What reasons would economists give for an increase in the natural rate of unemployment that could have occurred from 2007 to 2011? What argument would suggest that the natural rate of unemployment may not have risen?

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Some economists claimed that certain job...

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