2019 Nov (Unemployment Phillips Curve)
Paper 3 HL
The NRU (natural rate of unemployment) is the unemployment level at which the LRPC (long-run Phillips curve) is vertical and that it consists of structural, (seasonal) and frictional unemployment.
Showing posts with label 2019 Nov (Unemployment Phillips Curve) Paper 3 HL. Show all posts
Showing posts with label 2019 Nov (Unemployment Phillips Curve) Paper 3 HL. Show all posts
Monday, August 3, 2020
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