Estimates of the Natural Rate and Full Employment. Two economists differ on their estimates of the natural rate. One economist believes it is 6 percent, while the other believes it is 5 percent. All...


Estimates of the Natural Rate and Full Employment. Two economists differ on their estimates of the natural rate. One economist believes it is 6 percent, while the other believes it is 5 percent. All else being equal, which economist will estimate a higher value for potential output?



May 09, 2022
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