QUESTI 10 pointsSave Answer ls it desirable to pursue a goal
QUESTI 10 pointsSave Answer ls it desirable to pursue a goal of zero unemployment? Why or why not? T T T Arial 3 (12pt) T Words:0 Path: p QUESTI 10 points Save Answer Why do borrowers win and lenders lose when unexpected inflation occurs? TT T Arial 3 (12pt) Words:0 Path: p
Solution
question 2 )
question 1 )
While high unemployment is undesirable, full employment (meaning zero unemployment) is neither practical nor desirable. ... Economists do not generally believe it is practical or desirable to have 100% employment in an economy.
usually, when the level of unemployment level is zero, the economy is producing at the output that is greater than the potential output( the unemployment level is at the natural level of unemployment). when unemployment is zero, the economy overheats and result in high levels of inflation due to the increase in prices making it undesirable.
