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    Principles of Macroeconomics Study Set 11
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    Exam 7: Unemployment, Inflation, and Long-Run Growth
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    Assume the Number of People Employed Is 100,000 and the Labor
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Assume the Number of People Employed Is 100,000 and the Labor

Question 74

Question 74

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Assume the number of people employed is 100,000 and the labor force is 500,000. Calculate the unemployment rate based on this information.

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The unemployment rat...

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