US unemployment, government policies and AS-AD model.
US unemployment, government policies and AS-AD model. See below for details.
1.Analysis of current US unemployment situation. eg. despite falling unemployment rate, labor force participation rate is hovering near a 31-year low etc. And how unemployment is affecting GDP. Analysis should make reference using AS-AD model.
2. Analysis of some government policies taken to improve the situation. What they do and their
effectiveness. Analysis should make reference using AS-AD model as mentioned previously
Some policies might include extension of unemployment benefits, increase government spending, taxes etc
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