
Macroeconomics 11th Edition by Michael Parkin
Edition 11ISBN: 9780133423884
Macroeconomics 11th Edition by Michael Parkin
Edition 11ISBN: 9780133423884 Exercise 21
Use the following information to work Problem.
In October 2009, the U.S. unemployment rate was 10.0 percent. In October 2011, the unemployment rate was 8.9 percent. Predict what happened to:
Unemployment between October 2009 and October 2011, assuming that the labor force was constant.
In October 2009, the U.S. unemployment rate was 10.0 percent. In October 2011, the unemployment rate was 8.9 percent. Predict what happened to:
Unemployment between October 2009 and October 2011, assuming that the labor force was constant.
Explanation
Unemployment rate in October 2009 was 10...
Macroeconomics 11th Edition by Michael Parkin
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