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Question 3(20 marks) 4.1) Why is frictional unemployment unavoidable? How might the government reduce the amount of search unemployment? (10 marks) 4.2) Give some explanations

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Question 3(20 marks) 4.1) Why is frictional unemployment unavoidable? How might the government reduce the amount of search unemployment? (10 marks) 4.2) Give some explanations for why firms might find it profitable to pay wages above the level that balances quantity of labour supplied and quantity of labour demanded. (10 marks)

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