Suppose all wages salaries welfare benefits and other, Econometrics

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Suppose all wages salaries welfare benefits and other

1. What is the unemployment rate in your state today? What was it in 1970, 1975, 1982, and 2008? How has your state done relative to the national average? Do you know or can you determine why?

2. Suppose all wages, salaries, welfare benefits, and other sources of income were indexed to inflation. Would inflation still be considered a problem? Why or why not?

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Econometrics: Suppose all wages salaries welfare benefits and other

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