Unemployment, Choice and Inequality

Format: Hardcover

Language: English

Format: PDF / Kindle / ePub

Size: 13.20 MB

Downloadable formats: PDF

Ten states had unemployment rates of between 1 percent and 3.9 percent. Being on the curve might still not fully satisfy allocative efficiency (also called Pareto efficiency ) if it does not produce a mix of goods that consumers prefer over other points. Policies that attempt to change aggregate demand in order to achieve goals of price stability, full employment, and economic growth, and minimize the severity of the business cycle. Other supply-side policies include education to make workers more attractive to employers.

Pages: 175

Publisher: Springer-Verlag (September 1985)

ISBN: 0387155449

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