Governments throughout the world are faced with the problem of unemployment. Consider the following newspaper headlines:
For each headline: a) Explain how the strategy may affect unemployment, including what type of unemployment will be influenced. b) Examine the effect of each strategy on the level of government spending (in some cases there will be no effect). Conclusions: What specific measures can be used to target the four types of unemployment? How could these policies conflict with the governments other macroeconomic goals? IB Essay practice a) Explain the various costs of unemployment. b) Evaluate the various policies aimed at reducing unemployment.
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