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Macroeconomics 13th Edition by William Baumol ,Alan Blinder
Edition 13ISBN: 978-1305280601Macroeconomics 13th Edition by William Baumol ,Alan Blinder
Edition 13ISBN: 978-1305280601 Exercise 3
Most economists believe that from 2010 to 2013, actual GDP in the United States grew slightly faster than potential GDP. What, then, should have happened to the unemployment rate over those three years Before that, from 2006 to 2010, actual GDP grew slower than potential GDP, even contracting for several quarters. What should have happened to the unemployment rate over those three years (Check the data on the inside back cover of this book to see what actually happened.)
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Macroeconomics 13th Edition by William Baumol ,Alan Blinder
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