Question
a. A news article stated that the unemployment rate decreased by 1 percent whilst the participation rate increased by 0.5 percent respectively. Is this
a. A news article stated that the unemployment rate decreased by 1 percent whilst the participation rate increased by 0.5 percent respectively. Is this positive news for the economy? Explain. (2 marks) b. A politician stated, "If my party wins the election, we will ensure that we achieve an unemployment rate of zero percent". Is this a realistic statement? Explain. (2 marks)
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Financial Accounting in an Economic Context
Authors: Jamie Pratt
8th Edition
9781118139424, 9781118139431, 470635290, 1118139429, 1118139437, 978-0470635292
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