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changes in the national unemployment rate over a short period of time is it relating to macro or microeconomics. And the impact of a decrease in national savings

Survey Of Economics

10th Edition

ISBN:9781337111522

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter12: Business Cycles And Unemployment

Section12.4: The Goal Of Full Employment

Problem 1YTE

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changes in the national unemployment rate over a short period of time is it relating to macro or microeconomics. And the impact of a decrease in national savings

Definition Definition State in which an individual is without work, despite actively seeking employment opportunities. The unemployment rate refers to the percentage of the workforce that is currently unemployed. Unemployment is one of the key indicators of the conditions prevailing in an economy. It is therefore considered a barometer that points out the condition of an economy.

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Is the current unemployment rate close to NAIRU in sri lanka