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Instructions After completing reading about employment/unemployment, discuss briefly about the questions


Instructions

After completing reading about employment/unemployment, discuss briefly about the questions listed below.  And provide concrete examples of each question.

Visit the Bureau of Labor Statistics at (http://www.bls.gov/eag/eag.us.htm)  and click on Back Data for the unemployment rate.

Question 1: What is the trend in the unemployment rate over the last two years?

Question 2: How would this trend be reflected in the nation’s production possibilities?

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