Use the matching functions, Beveridge curve and WS - PS model from Section 15.2 to discuss how the following events and policies could affect unemployment:

(a) An extension of unemployment benefit duration during a downturn

(b) Increasing expenditure on active labour market policies

(c) A cap on skilled immigration

(d) Joining a single currency (e.g. the Eurozone)

(e) A policy to encourage home ownership.