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Define labour force participation rate and explain why it is always less than 100%? 1Mark A news article stated that both the unemployment rate and
- Define labour force participation rate and explain why it is always less than 100%?1Mark
- A news article stated that both the unemployment rate and the labour force participation rate increased by 0.2 and 0.45 percent respectively.Is this positive news for the economy?Explain.2 Marks
- Discuss two ways the government can reduce structural unemployment and two ways it can reduce frictional unemployment.3 Marks
- A politician stated, "If our party wins the election, we will aim for an unemployment rate of zero percent".Is it realistic? Explain.1 Mark
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Essentials Of Mis
Authors: Kenneth Laudon
8th Edition
1292153776, 9781292153773
