(a) Identify two macro-economic aims of the government. (b) Explain two reasons why someone may be of working age but not in the labor force? (c) What can cause an increase in a country’s labor force? (d) Explain how different types of unemployment may be caused and consider which might be the most serious. (e) Can a rise in unemployment cause a fall in inflation? (f) What are some policies government may take to reduce unemployment
(a) Identify two macro-economic aims of the government. (b) Explain two reasons why someone may be of working age but not in the labor force? (c) What can cause an increase in a country’s labor force? (d) Explain how different types of unemployment may be caused and consider which might be the most serious. (e) Can a rise in unemployment cause a fall in inflation? (f) What are some policies government may take to reduce unemployment
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question 8
(a) Identify two macro-economic aims of the government.
(b) Explain two reasons why someone may be of working age but not in the labor force?
(c) What can cause an increase in a country’s labor force?
(d) Explain how different types of
(e) Can a rise in unemployment cause a fall in inflation?
(f) What are some policies government may take to reduce unemployment
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