Measured rate of unemployment not accurately reflect

Reference no: EM13697443

1. Why might the official measured rate of unemployment not accurately reflect “real unemployment?

2. What has contributed to the public debt in recent times? What are the burdens associated with a large and growing public debt?

3. What constraint do policy makers feel when trying to maximize employment? (i.e. explain the trade off of the AS curve)

Reference no: EM13697443

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