What is full employment? Economists disagree about what full employment is and the best policies to achieve
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What is full employment? Economists disagree about what full employment is and the best policies to achieve full employment. For two opposing points-of-view see position papers from the liberal Economic Policy Institute at:
http://www.sharedprosperity.org/bp191.html
And the conservative Heritage Foundation at:
http://www.heritage.org/Research/Taxes/wm389.cfm
Should the US aim to achieve a low unemployment target? List the arguments on each side of this debate. What are the strongest two arguments on each side? What policies are needed to achieve this target? What do you recommend?
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