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Labor mobility and Unemployment rate.

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. Illustrate what will be the impact of this law on the nation's unemployment rate over time? Describe how labor market mobility affects the unemployment rate.

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M921588

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