Critically analyze 2 policy options that economists have to

Critically analyze 2 policy options that economists have to lower structural unemployment and whether they should devote resources towards reaching an unemployment rate of 0%. In your answer, be sure to discuss the opportunity costs as well as the unintended consequences of these policies.

Solution

we could ever eliminate all structural unemployment is by eliminating all technological advancement.

By breaking down the three types of unemployment into cyclical unemployment, frictional unemployment, and structural unemployment, we see that an unemployment rate of 0% is not a positive thing. A positive rate of unemployment is the price we pay for technological development and for people chasing their dreams

From the above statement it is clear that making structural unemployment zero means it is making technological improvements zero,which is not correct because without technology production is not possible,SO ever eliminate all structural unemployment is by eliminating all technological advancement.