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7 October, 08:30

True or false: this economy is not currently at its natural rate of unemployment.

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  1. 7 October, 08:39
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    True: The current natural rate of unemployment for quarter 4 of 2017 according to the Federal Reserve Economic Data is 4.74%, which is the normal unemployment rate not including fluctuations in aggregate demand, while the latest release of the United States unemployment rate for October of 2017 is 4.1%. Therefore, the United States is actually has lower unemployment than we would under normal circumstances.
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