Unemployment and inflation

The two major problems facing the economic development of any country are a high unemployment rate and a significant rise in inflation for a prolonged period of time.

1.Based on the above, examine the following two expressions and analyze them in your participation in the forum: One of the benefits of unemployment is that it allows a higher quality job search and promotes economic efficiency, but it increases the unemployment rate and creates economic recession.

Unexpected high inflation redistributes society's income, diminishes the ability to make long-term plans, and forces individuals, government, and businesses to carefully assess the purchasing power of their assets.

2.In your contribution, you must present in your words: a. An analysis concerning the relationship between the unemployment rate and economic growth in a country. b. An analysis concerning the relationship between the rate of inflation and economic growth in a country. c. Your opinion regarding the two expressions presented at the beginning and the possible relationship with particular situations that affect the economic development of a country.