697232
Beschreibung
Karteikarten von bella.calonje, aktualisiert more than 1 year ago
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Erstellt von bella.calonje
vor mehr als 10 Jahre
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| Frage | Antworten |
| Define Unemployment | People of working age who are without work, available for work and actively seeking employement |
| What are the costs associated with unemployment? | to the unemployed: living standards decrease To society: poverty, homelessness, crime To economy as a whole: loss of output, O.C of benefits, less indirect taxes |
| Hidden unemployment groups | long period of unemployment and have given up looking Underemployed (part time when they would like to be working full time) Over-qualified for jobs they have |
| types of unemployment | Demand-Deficient Seasonal Structural Frictional |
| Supply Side Policies (market based) | lower unemployment benefits deregulation |
| Supply Side Policies (Interventionist) | education system that trains people to be more occupationally flexible subsidies to firms that provide training government provided training tax breaks or subsidies to firms in a different part of the country |
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