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Problem: The unemployment rate was at 5.0% in November, down 0.8 percentage points year-over-year. Currently the FOMC is forecasting the unemployment rate will be in the 4.6% to 4.8% range in Q4 2016.

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Question: What will the unemployment rate be in December 2016? Explain your answer and provide examples.

Microeconomics, Economics

  • Category:- Microeconomics
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