0
To create unemployment the economy needs to slow down to very low levels and people need to stop buying things. Businesses will then lose money and have to cut costs which usually mean laying off workers.
Wiki User
∙ 13y ago
Add your answer:
Earn +20 pts
What is a cyclical unemployment?
Cyclical Unemployment results from business recessions that occur when aggregate (total) demand is insufficient to create full employment.Cyclical Unemployment is due to contractions in the economy
What are the factors effecting improve your economy?
There are several factors that can improve the economy. The biggest factor that can improve and economy is a low unemployment factor. When unemployment is falling the economy usually improves.
Why might unemployment not be a concern of the US economy?
Unemployment in the U.S is a huge issue.
What are the fundamental unemployment?
Well, it needs a lot of time to understand this, but here it goes: A fundamental unemployment is when you go to the toilet and do your business, and when you're finished, you get out without washing your hands. >=( Now, you will have to solve this mystery!
How do you solve unemployment problems by using 3 fundamental question of economics?
One possible way to solve unemployment problems is by using the 3 fundamental questions of economics. These are what to produce, how to produce it, and the cost of production.
Why isn't full unemployment the same as zero unemployment?
Full employment doesn't mean that there is zero unemployment. Full employment only means that the economy is operating at full employment because there is only structural unemployment, frictional unemployment, and seasonal unemployment. Remaining unemployment is cyclical. Even when an economy is working properly, it will experience frictional, seasonal, and structural unemployment. (gp)
Is unemployment micro economy?
No it macro environment
What is an acceptable unemployment rate?
5.4% when the economy is good. 9.5% when the economy is in a recession.
Why isn't full employment the same as zero unemployment?
Full employment doesn't mean that there is zero unemployment. Full employment only means that the economy is operating at full employment because there is only structural unemployment, frictional unemployment, and seasonal unemployment. Remaining unemployment is cyclical. Even when an economy is working properly, it will experience frictional, seasonal, and structural unemployment. (gp)
Environmental-protection laws can be bad for the economy because they may do what?
Environmental-protection laws can be bad for the economy because they may increase unemployment.
Why is high unemployment a macroeconomic issue?
High unemployment is a macroeconomic issue as it deals with economy and population at large.
When the economy is working properly what is the unemployment rate?
4-6 %
