Compare South Africa rate to the US rate

Assignment Help Macroeconomics

Reference no: EM132246713

Assignment -

The attached graph shows South Africa's unemployment rate from 2004 to 2017 and a calculated Natural Rate of Unemployment. Based on this information, answer the following questions:

1. Is South Africa's incredibly high unemployment rate a temporary crisis or a long-term problem based on a high Natural Rate of Unemployment? Explain.

2. Focus on the natural rate of unemployment. Research and explain, providing specific support, the level and fluctuations in the Natural Rate of Unemployment in South Africa. Focus on the elements of the Natural Rate of Unemployment (Frictional and Structural Unemployment) not cyclical unemployment.

3. Compare South Africa's rate to the U.S. rate.

4. Include a bibliography of your sources using any source citation method you are familiar with. The key is that I can find the information if I need to.

NOTE: Use MLA please. Only use sources that are available on the internet (no books in Works Cited).

Attachment:- Assignment Files.rar

Reference no: EM132246713

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