Assess whether supply-side policy is the only way of reducing long-term unemployment in an economy.
Exam No:9708_w23_qp_23 Year:2023 Question No:4(b)
Answer:


Knowledge points:
4.5.3 causes and types of unemployment: frictional, structural, cyclical, seasonal and technological
5.4.1 meaning of supply-side policy, in terms of its effect on LRAS curves
Solution:
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