In april 2000 the seasonally adjusted unemployment rate was, Ask an Expert

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In April 2000, the seasonally adjusted unemployment rate was 3.8%. By June 2001, the unemployment rate has increased to 4.5% yet the measures by the fedreal reserve tlo reduce short-term interest rates were taken in stages, and in fact the unemployment rate continued to rise. What might have motivated the policymakers' cautious behaviour?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91953023

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