Does unemployment affect demand?

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asked Feb 12, 2021 100k views

1 Answer

Ahi Tuna · Answer 1 · 2021-02-18T02:41:00+0000

Yes it does. Unemployment is when a person isn't currently hired at a work pleace. If people are unemployed they are making no income so less people are in need of products so it lowers the demand.

Does unemployment affect demand?

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Does unemployment affect demand?