Unit 4.7 - Paper 2 Exam Practice Questions
Unit 4.7 - Paper 2 Exam Practice Questions(a)Define frictional unemployment.[2](b)Define structural unemployment.[2](c)Define cyclical unemployment.[2](d)Explain why low unemployment is a key macroeconomic objective.[4](e)Explain two economic consequences of unemployment.[4](f)Explain two consequences of unemployment to the unemployed.
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