Question
This week's City Council Scenario:Assume you are theeconomist for your local government. While you have worked to solve the issue with the declining GDP you
This week's City Council Scenario:Assume you are theeconomist for your local government. While you have worked to solve the issue with the declining GDP you realize you alsohave a rising unemployment rate.
- Explain how unemployment iscalculated and what it is measuring.
- Explain why 0% unemployment is not the goal.
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Macroeconomics Principles Applications and Tools
Authors: Arthur O'Sullivan, Steven Sheffrin, Stephen Perez
9th edition
978-0134089027, 134089022, 978-0134420684
