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    Principles of Macroeconomics Study Set 12
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    Exam 15: Household and Firm Behavior in the Macroeconomy: a Further Look
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    When an Economy Expands, the Unemployment Rate Is Slow to Drop
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When an Economy Expands, the Unemployment Rate Is Slow to Drop

Question 175

Question 175

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When an economy expands, the unemployment rate is slow to drop because the labor force expands too.

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