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Suppose the government decides to pass a law that requires all businesses to delay all future layoffs, giving at least 3 months notice to any workers they plan to layoff. What will be the impact of this law on the country's unemployment rate over time?  Discuss how labor market mobility affects the unemployment rate.

Macroeconomics, Economics

  • Category:- Macroeconomics
  • Reference No.:- M9164710

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