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Author Question: The relationship between output growth and unemployment depends on the state of the economy. (Read 27 times)

Jramos095

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Question 1

When firms hold excess labor, the unemployment rate drops faster during an expansion.


◦ true
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Question 2

The relationship between output growth and unemployment depends on the state of the economy.


◦ true
◦ false


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Marked as best answer by Jramos095 on Apr 19, 2019

ashely1112

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ashely1112

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