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3. Since March 2020 i.e. during the pandemic, (30 pts) • Which of the sources of unemployment (i.e. frictional, etc.) ch
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- 3 Since March 2020 I E During The Pandemic 30 Pts Which Of The Sources Of Unemployment I E Frictional Etc Ch 1 (41.39 KiB) Viewed 63 times
3. Since March 2020 i.e. during the pandemic, (30 pts) • Which of the sources of unemployment (i.e. frictional, etc.) changed most? (10 pts) • Should this affect The natural rate of unemployment? Why or why not, and in your answer be specific about what determines the natural rate of unemployment? (10 pts) • Consider two government policies: (1) a job retraining program to allow people to find new careers or (2) an employment subsidy pro- gram that pays firms to keep workers on their payroll and/or hire new ones. Which should be more effective at addressing the source of unemployment you identified above? (10 pts)