ECO 372 Week 4 participation Principles of Macroeconomics, Ch. 22: The Short-Run Trade-Off Between Inflation and Unemployment

ECO 372 Week 4 participation Principles of Macroeconomics, Ch. 22: The Short-Run Trade-Off Between Inflation and Unemployment 

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ECO 372 Week 4 participation Principles of Macroeconomics, Ch. 22: The Short-Run Trade-Off Between Inflation and Unemployment

Consider the following as you read:

• Consider what is “natural” about the natural rate of unemployment. Why might the natural rate of unemployment differ across countries?