a. A news article stated that the unemployment rate decreased by 1 percent whilst the participation...
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a. A news article stated that the unemployment rate decreased by 1 percent whilst the participation rate increased by 0.5 percent respectively. Is this positive news for the economy? Explain. (2 marks) b. A politician stated, "If my party wins the election, we will ensure that we achieve an unemployment rate of zero percent". Is this a realistic statement? Explain. (2 marks) a. A news article stated that the unemployment rate decreased by 1 percent whilst the participation rate increased by 0.5 percent respectively. Is this positive news for the economy? Explain. (2 marks) b. A politician stated, "If my party wins the election, we will ensure that we achieve an unemployment rate of zero percent". Is this a realistic statement? Explain. (2 marks)
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a Unemployment Rate Decreased Participation Rate Increased 2 marks This news is generally positive f... View the full answer
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