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    Economics Principles and Policy Study Set 1
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    Exam 34: The Trade-Off Between Inflation and Unemployment
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    In December of 2007, with an Unemployment Rate of 5
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In December of 2007, with an Unemployment Rate of 5

Question 139

Question 139

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In December of 2007, with an unemployment rate of 5.0 percent, most economists believed this was above the natural rate.

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