Instead of moving on with inflation today, I will let you have a choice:
For revision.... let the syllabus objectives be your revision guide... and here are a couple of example questions: a. Explain the difficulties involved in measuring the level of unemployment. [10] b. Examine the reasons why the maintenance of a low level of unemployment is considered to be an important macroeconomic objective. [15] a. Explain the following different types of unemployment: • Frictional unemployment • Structural unemployment • Demand-deficient [10] b. Evaluate the effectiveness of the different measures available to government to deal with the types of unemployment in (a). [15]
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March 2021
Maree SpraggonTeacher of IB Economics at the American School of Budapest Categories |