Question

Why are high rates of unemployment of concern to economists

Answer 1

Answer:Higher rates of unemployment are linked to higher crime rates and other social problems., A larger fraction of the nation's labor resource is going unutilized., There is lost output that could have been produced if the unemployed had been working.

Economics Ch.23 practice Flashcards - Quizlet

Answer 2

High rates of unemployment are linked to higher crime rates and other social problems.

Step-by-step explanation:

A larger of the nation's labor resource is going unutilized. There is lost output that could've have been produced if the employed had been working.