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A model of the natural rate Notation: L = # of workers in labor force E = # of employed workers U = # of unemployed U/L = unemployment rate. - ppt download
![SOLVED: Question 1: Suppose that the markup of goods over wages, /, is 10% (0.1) and that the wage setting equation is W = P(1-Zu + 2) where u is the unemployment SOLVED: Question 1: Suppose that the markup of goods over wages, /, is 10% (0.1) and that the wage setting equation is W = P(1-Zu + 2) where u is the unemployment](https://cdn.numerade.com/ask_images/6597de79b1014283be154b12da1cd36b.jpg)
SOLVED: Question 1: Suppose that the markup of goods over wages, /, is 10% (0.1) and that the wage setting equation is W = P(1-Zu + 2) where u is the unemployment
![macroeconomics - What does it mean when the natural rate of unemployment is greater than the actual rate? - Economics Stack Exchange macroeconomics - What does it mean when the natural rate of unemployment is greater than the actual rate? - Economics Stack Exchange](https://i.stack.imgur.com/SneqU.png)
macroeconomics - What does it mean when the natural rate of unemployment is greater than the actual rate? - Economics Stack Exchange
![Unemployment Measurement & Analysis Unemployment Rate Great Recession 10.2% 5.1% On the surface, the unemployment number looks good, but…… - ppt download Unemployment Measurement & Analysis Unemployment Rate Great Recession 10.2% 5.1% On the surface, the unemployment number looks good, but…… - ppt download](https://images.slideplayer.com/25/7904153/slides/slide_7.jpg)