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Q: What is the economic cost of unemployment?
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What are the different economic and non economic costs of unemployment?

Economic costs is the decrease in goods and services that occurs as result of unemployment but non-economic cost is the increase in goods and services that occur as result of unemployment.


What is the unemployment produced by fluctuations in economic activity called?

The unemployment produced by fluctuations in economic activity is called


Factors responsible for inflation?

Inflation can be a result of economic development, national debt, unemployment, production cost, and international lending.


Which economic indicator does not measure economic growth?

Unemployment rate


Disadvantages of free trade?

increases competition increase unemployment economic restructuring increases competition increase unemployment economic restructuring


Is unemployment insurance an example of economic policy?

No, because the economic policy is basiccly jobs and unemployment would be the oppisite of that. So yeah.


Is a period of low economic activity and rising unemployment?

economic depression


What is a good indicator of economic stability?

unemployment


What do economic indicators do?

One thing that economic indicators measure is the unemployment rate.


What are the problems of using the unemployment rate as an indicator of economic health?

There are a few problems with the unemployment and the economic health. The main problem is people not wanting to work.


A major economic problem in the US is that of unemployment which workers are effected by cyclical unemployment?

Construction workers


Which of the economic indicators is most likely to be high during a recession?

Unemployment rate