1. The Fed’s target unemployment rate is 6.5 percent. Based on this graph, describe how the Fed’s target unemployment rate compares with unemployment rates between 2000 and 2012. Do you think this is a reasonable target rate? Explain your answer.
1. The Fed’s target unemployment rate is 6.5 percent. Based on this graph,
describe how the Fed’s target unemployment rate compares with unemployment rates between 2000 and 2012. Do you think this is a reasonable target rate? Explain your answer.
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