Unemployment Essay In Urdu
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The figure above shows the assumption that the natural rate of unemployment is 6.5%, but it is clear that the rate of unemployment is more than 6.5% as this figure is at the minimum necessary unemployment rate to match supply and demand. So where is the inflation barrier?
The crux of demand theory is that high inflation due to an expansion of the money supply and financial instruments leads to demand for labour and therefore unemployment. However, that does not answer the question: why do some countries with low inflation and low unemployment have higher labour participation rates than others?
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One of the drawbacks to this approach was that we needed to recompile every time we made even a small change to the code. This slowed everything else we were doing down and because we couldn't always have someone waiting for the application to finish building. 827ec27edc