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Better understand one of the biggest puzzles

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Read the Business Insider article: Japan can help us better understand one of the biggest puzzles facing the US economy

  1. Using data from the Bureau of Labor Statistics, what is the current level of unemployment?
  2. Using the data from the Bureau of Labor Statistics, what is the current level of inflation?
  3. Should policy makers ignore the 'historically observed Phillips Curve relationship' and push unemployment even lower? Explain your thoughts.

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Reference no: EM131868637

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