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C. Macroeconomic conditions affect the decisions firms and families make. Why, for example, might a high school graduate from Tasmania enter the job market during an economic expansion, but apply to go to a Technical and Further Education [TAPE] college during a recession? What effect would this decision have on the official measure of the rate of unemployment in Tasmania? (10 marks} The diagram below shows the Australian employment level for different age groups. Which group tend to have aboveaverage unemployment rates, and which groups tend to have heiowayerage unemployment rates? Explain the reason for these differences. Employment Level by Different Age Groups 135 1311] 125 12G 115 11G 105 100 95 Eli] E sssessssssssssessssss sasasasasasasasasasas 15-64 15-24 25-34