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How do you know if a group is caught in the Abilene Paradox?
Congressional Budget Office
A non-partisan federal agency within the legislative branch of the United States government that provides budget and economic information to Congress.
Natural Rate
Often refers to the natural rate of unemployment, which is the level of unemployment consistent with sustainable economic growth, considering factors like market imperfections.
Estimated
An approximate calculation or judgment of the value, number, quantity, or extent of something, based on available data.
Natural Rate
Typically refers to the natural rate of unemployment, which is the rate of unemployment expected when the economy is at full employment, without cyclical unemployment.
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