Question: Answer question e)big paragraph and answer Q3 and Q2 W1 '11 Quantitv of Labour On the above diagram show and explain the effect on the




Answer question e)big paragraph and answer Q3 and Q2




W1 '11 Quantitv of Labour On the above diagram show and explain the effect on the natural rate of unemployment of a policy that reduces structural unemployment. Assume the wage rate adjusts. (5) Q3 rote W1 or 000mm at Labour 0n the above diagram show and briey explain the effect on unemployment of the above policy that reduces structural unemployment assuming the wage rate remains at W1. (5) For each of the following examples discuss which category of unemployment the person might be placed. There may be more than one. e) George Green, aged 26 who lost his job at a car factory after a transfer of car production to Slovakia. (6)
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