Which demographic groups do you think would be affected most

Reference no: EM131131008

Hysteresis and the Natural Rate of Unemployment. In economics the term hysteresis means that the history of the economy has a lingering effect on current economic performance. Using this idea, explain why a deep recession could lead to an increase in the natural rate of unemployment. Which demographic groups do you think would be affected the most?

Reference no: EM131131008

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