Macroeconomics
Macroeconomics
11th Edition
ISBN: 9781260506891
Author: Colander
Publisher: MCG
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Chapter 6, Problem 14QE
To determine

Type of unemployment best studied under long run framework.

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If technological change increases structural unemployment, why do most governments and economists encourage such change?
What type of unemployment is most likely to result in a hardship for people who are unemployed?
What is the macroeconomic cost of unemployment?   social stress   inflation   national production decreases   increased national debt
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