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    Principles of Macroeconomics Study Set 11
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    Exam 14: The Labor Market in the Macroeconomy
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    -Using the Above Graph, How Does an Unemployment Rate of U<sub>1</sub>
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-Using the Above Graph, How Does an Unemployment Rate of U1

Question 69

Question 69

Essay

  -Using the above graph, how does an unemployment rate of U<sub>1</sub> compare to the natural rate of unemployment?
-Using the above graph, how does an unemployment rate of U1 compare to the natural rate of unemployment?

Correct Answer:

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U is equal...

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