The table below shows the percentage of the labour force accounted for by males and females over a two-decade period.Assume that real GDP is equal to potential in each of the given years.
% of Labour Force
TABLE 30-4
-Refer to Table 30-4.Suppose that for each year listed the unemployment rate among males is 5% while it is 7% among females.By how much does this economy's NAIRU change between 1960 and 1975?
Definitions:
Ribbon Glacier
A type of long, narrow glacier, usually formed in mountain terrains, resembling a ribbon in aerial views.
Elevation
The height of a point or object measured from a specific level, typically sea level.
Tarn
A small lake, especially one within a cirque, a glacially scoured depression.
Depression
A low point or area in the Earth's surface, which can be caused by various geological processes such as erosion or tectonic movements.
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