Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter21: Unemployment
Section: Chapter Questions
Problem 17RQ: Are U.S. unemployment rates typically higher, lower, or about the same as unemployment rates in...
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A zero level of unemployment is not good for an economy. Atleast the economy should have minimum natural rate of unemployment, otherwise this will cause negative reactions in an economy.
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