Suppose a country is rapidly making the transition from an agricultural-based economy to an economy in which

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Suppose a country is rapidly making the transition from an agricultural-based economy to an economy in which most of GDP comes from manufacturing.

a) How do you think structural unemployment will be affected?

b) Can you think of any measure the government might undertake to affect structural unemployment in this case?

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Macroeconomics Policy And Practice

ISBN: 978-0133424317

2nd Edition

Authors: Frederic Mishkin

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Question Posted: Feb 20, 2024 04:00 AM

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Suppose a country is rapidly making the transition from an agricultural-based economy to an economy in which

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Impact of Economic Transition on Structural Unemployment a Impact on Structural Unemployment During a rapid transition from an agricultural to a manuf...View the full answer

Macroeconomics Policy And Practice

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