Suppose that there are 10 million unemployed workers in a, Business Economics

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Suppose that there are 10 million unemployed workers in a

Suppose that there are 10 million unemployed workers in a country and 90 million employed workers. Suppose we know that the fraction of workers who lose their jobs in a given month is .02 and the probability that unemployed workers find work in a given month is .25. What is the natural rate of unemployment in this economy?

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Business Economics: Suppose that there are 10 million unemployed workers in a

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