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When government tightens the money supply to slow inflation, what might happen to the unemployment rate? Why?

1 Answer

3 votes

It is the cyclical unemployment. It is a factor of general joblessness that identifies with the repeating patterns in development and generation that happen inside the business cycle. At the point when business cycles are at their pinnacle, recurrent joblessness will be low on the grounds that the aggregate monetary yield is being expanded.

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User Lrnv
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