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  4. William Vickrey
  5. Currently a level of unemployment of 7% or more seems to be ...

Currently a level of unemployment of 7% or more seems to be required to keep inflation from accelerating, a level quite unacceptable as a permanent situation.

William Vickrey
Unemployment, Levels, Situation
Currently a level of unemployment of 7% or more seems to be required to keep inflation from accelerating, a level quite unacceptable as a permanent situation.