Recent content by markoosh

Althought it doesn't really matter, I don't agree with your reasoning Dragonz. In the interests of economic debate I will put forward my thoughts. Structural unemployment is as its name suggests unemployment caused by changes in the patterns of production, meaning the skills required by...

Just enquiring as to your reasoning for Q19 (believing B is correct) The NAIRU is the level of unemployment when cyclical unemployment is zero. It is comprised of structural and frictional factors. How would a down turn in the business cycle have any bearing on the NAIRU which is by...

Multiple Choice Differences 1) D - I dunno its a toss up between structed and prototype 16) D- A stop breaks the flow of logic