Is a decrease in the unemployment rate necessarily a good thing for a nation? Explain.

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Principles Of Economics

ISBN: 9781506699868

2nd Edition

Authors: OpenStax

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Question Posted: Oct 31, 2023 09:23 AM

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Is a decrease in the unemployment rate necessarily a good thing for a nation? Explain.

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A decrease in the unemployment rate is generally seen as a positive economic indicator for a nation However whether it is unequivocally a good thing depends on several factors and the broader context ...View the full answer

Principles Of Economics

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