Question
Rephrase this context please Liu and Zeng (2008) align that both long run economic growth and unemployment depend on both factors identified in endogenous growth
Rephrase this context please
Liu and Zeng (2008) align that both long run economic growth and unemployment depend on both factors identified in endogenous growth model with full employment and other labour market factors, transformation in long-run unemployment hangs on parameters in the model and lastly reasoned that though programmes that stimulate indirectly through development in labour market efficiency always decreases unemployment in the long-run, and while programs that directly promoted investment in R&D may encourage unemployment rate. Finally, Stober (2015) advised policy makers that fighting unemployment should be paramount focus of the government and even the private individuals, especially in developing nations and mostly recurrent expenditure should be moderate and educational spending encouraged.
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