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How much unanticipated inflation occurred

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Reference no: EM131985858

DISCUSSION

QUESTION 1

The official unemployment rate is the sum of frictional, structural, cyclical, and discouraged worker unemployment rates. True or False

QUESTION 2

Suppose the expected inflation rate last year was 2% but the actual rate turned out to be 3%. How much unanticipated inflation occurred?

Reference no: EM131985858

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