What is the major factor accounting for the rise, Macroeconomics

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What is the major factor accounting for the rise

Problem

In the 1960s, economists used 4 percent as their approximation for the natural rate of unemployment. Currently, full employment is on the order of 5 percent unemployment. What is the major factor accounting for this rise?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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