1. Define the "natural rate of unemployment" and how economists use this concept to decide which...

1. Define the "natural rate of unemployment" and how economists use this concept to decide which type of fiscal policy to use.

. For a number of reasons, economists believe that the natural rate of unemployment in the U.S. economy declined from the 1980s to the 1990s and early 2000s. Provide at least two different reasons for this phenomenon and discuss each.

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Rahul Sunny answered 1 year ago

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