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Economics: The Basics 1st Edition by Mike Mandel
النسخة 1الرقم المعياري الدولي: 978-0071316026Economics: The Basics 1st Edition by Mike Mandel
النسخة 1الرقم المعياري الدولي: 978-0071316026 تمرين 11
Suppose economists have estimated that the NAIRU is 5.5 percent.
a) If the unemployment rate is 7.5 percent, is the Fed more likely to cut rates or raise them? Explain.
b) If the unemployment rate is 4.5 percent, is the Fed more likely to cut rates or raise them? Explain.
a) If the unemployment rate is 7.5 percent, is the Fed more likely to cut rates or raise them? Explain.
b) If the unemployment rate is 4.5 percent, is the Fed more likely to cut rates or raise them? Explain.
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موثّق
NAIRU (Non accelerating inflation rate u...
Economics: The Basics 1st Edition by Mike Mandel
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