Essay
How would each of the following changes likely affect the natural unemployment rate?
a.Government increases the subsidies for training workers.
b.According to a new law,the laid off employees will receive a higher lump sum payment.
c.In a new law,the number of months an unemployed worker can receive benefit is reduced by half.
d.An aggressive easy monetary policy introduced to keep unemployment rate low.
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a.Higher subsidies for training workers ...View Answer
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