Lecture 7 25

Lecture 7 25 - level of unemployment (Natural Rate of...

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The Beveridge Analysis We combine the Beveridge Curve (BC) and the Job Creation (JC) curve. The equilibrium
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Unformatted text preview: level of unemployment (Natural Rate of Unemployment) is where the two urves intersect....
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This note was uploaded on 04/03/2011 for the course ECON 2021 taught by Professor Mok during the Spring '11 term at HKU.

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