mmhughes5177 mmhughes5177

21-06-2017
Business

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If the natural rate of unemployment is 5.2 percent and the actual rate of unemployment is 5.7 percent, then by definition there is

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Thoth2017 Thoth2017

24-06-2017

If the actual rate is higher than the natural rate, the economy is in a recession (also know as a slump).

... by definition there is a recession.

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