Is a decrease in the unemployment rate necessarily a good thing for the nation? Explain
Solution:
The proportion of the labor force this is called as the unemployment.A decrease in the unemployment rate is a bad thing for the nation.The reason is decrease in the unemployment rate means moving to full utilization of the nation of resources.This is known as full capacity of the nation is going to be utilized.
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Is a decrease in the unemployment rate necessarily a good thing for the nation? Explain
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