Most economists and policymakers decided in 2007-2010 that reducing unemployment was the main national priority.
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Q12: If fluctuations in economic activity emanate from
Q20: Natural rate of unemployment is the normal
Q21: European governments accepted prolonged periods of unemployment
Q22: Keynesian economists generally agree that unemployment is
Q23: Inflationary gaps lead to rising unemployment and
Q24: Rational expectations are forecasts that, although not
Q26: Recessionary gaps lead to falling inflation and
Q28: In the long run, the unemployment rate
Q29: The short-run aggregate supply curve is vertical
Q30: To make rational forecasts, your predictions do
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