What are the possible effects of a high unemployment rate on a country's economy?

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter21: Unemployment
Section: Chapter Questions
Problem 17RQ: Are U.S. unemployment rates typically higher, lower, or about the same as unemployment rates in...
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What are the possible effects of a high unemployment rate on a country's
economy?
Transcribed Image Text:What are the possible effects of a high unemployment rate on a country's economy?
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