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Author Question: Equilibrium unemployment refers to unemployment that (Read 46 times)

jazziefee

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on: May 25, 2020
Equilibrium unemployment refers to unemployment that
◦ persists when the aggregate demand for labour is equal to the aggregate supply.
◦ arises in a cyclical downturn.
◦ occurs when trade unions set wages at too high a level.
◦ can only occur when aggregate demand equals aggregate supply.
◦ occurs due to a lack of aggregate demand.
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
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Marked as best answer by jazziefee on May 25, 2020

jaymee143

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Reply #1 on: May 25, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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jazziefee

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Reply 2 on: May 25, 2020
:D TYSM

bigcheese9

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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