Business, 05.05.2020 08:04 Rafael01

Imagine that the U. S. economy has an initial unemployment rate equal to the natural rate of unemployment. Identify each event as a factor that will either increase or decrease unemployment in the short run. increase An oil cartel raises oil prices. American consumers expect higher income in the future. Brazil experiences economic growth and increases its demand for U. S. exports. The U. S. dollar gains value against foreign currencies. U. S. real estate values rise. decrease

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Imagine that the U. S. economy has an initial unemployment rate equal to the natural rate of unemplo...