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    Should the government minimize unemployment rate

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    1.Should the government minimize unemployment rate? What will happen if the unemployment rate is too low? Share your opinion with the class.

    2. In your opinion, what is the most common reason for hyperinflation? How hyperinflation can affect standard of living? Share your ideas/opinion.

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    https://brainmass.com/economics/unemployment/should-government-minimize-unemployment-rate-292778

    Solution Preview

    1. The government should try to get unemployment to equal to frictional unemployment, which is the unemployment that occurs when people are in the process of switching jobs. The government shouldn't seek to stress the market for labour because that causes ...

    Solution Summary

    1.Should the government minimize unemployment rate? What will happen if the unemployment rate is too low? Share your opinion with the class.

    2. In your opinion, what is the most common reason for hyperinflation? How hyperinflation can affect standard of living? Share your ideas/opinion.

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