The rate that measures the number of people who are able to work but are not employed during a given period of time and the general increase in the cost of goods and services is known as the rate of unemployment & rate of inflation respectively. Discuss? You are required to disagree or agree with the above statement. Be sure to support your argument with examples.

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Introduction The number of people who can work but are not employed during a given period substantially is described as the unemployment rate On the o... View the full answer