What term describes the remaining level of unemployment that occurs even when the economy is healthy? Explain why we are likely to see some unemployment even when economy is healthy?
What term describes the remaining level of unemployment that occurs even when the economy is healthy? Explain why we are likely to see some unemployment even when economy is healthy?
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 22RQ: What term describes the remaining level of unemployment that occurs even when the economy is...
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![4. What term describes the remaining level of unemployment that occurs
even when the economy is healthy? Explain why we are likely to see some
unemployment even when economy is healthy?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F71d8be57-1f6a-4d1f-a568-dca7f20016da%2F24da6895-e6ce-4b08-b83e-84999686907a%2Fqxx6ptd_processed.jpeg&w=3840&q=75)
Transcribed Image Text:4. What term describes the remaining level of unemployment that occurs
even when the economy is healthy? Explain why we are likely to see some
unemployment even when economy is healthy?
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