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Has the U.S. economy achieved full employment equilibrium yet (let’s say within 0.1%)? Explain how we define ‘full employment’ and how you can tell whether or not that goal has been achieved. Use appropriate data to support your answer (see below). Be sure to cite the sources of your data in your essay. You will need to define full employment and relate it to the data. In addition to the graph, find the most recent estimate of the actual unemployment rate.

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M91725338

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