Unemployment effects

EIB – APRIL 2023 – LEVEL I – Q4 – Inflation Types, Deflation Control, Unemployment Effects, Minimum Wage Impacts, Job Rates

This question examines key macroeconomic concepts including types of inflation in Ghana, measures to control deflation, effects of unemployment, impacts of raising minimum wage above equilibrium, and the role of job separation and finding rates.

Question

(a) State four main types of inflation in your country. (b) State two measures that may be adopted to control deflation. (c) List two effects of unemployment. (d) State two possible effects that may arise if the minimum wage rate is increased above the equilibrium wage. (e) The rates of job separation and job finding determine what? (4 marks) (Total marks:20)

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Tags: Deflation measures, Fiscal Policy, Ghanaian economy, Job finding rates, Job separation rates, Minimum wage effects, Monetary Policy, nflation types, Unemployment effects
Level: Level 1

Series: APR 2023

Question Tag: Unemployment effects

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EIB – APRIL 2023 – LEVEL I – Q4 – Inflation Types, Deflation Control, Unemployment Effects, Minimum Wage Impacts, Job Rates

This question examines key macroeconomic concepts including types of inflation in Ghana, measures to control deflation, effects of unemployment, impacts of raising minimum wage above equilibrium, and the role of job separation and finding rates.

EIB – APRIL 2023 – LEVEL I – Q4 – Inflation Types, Deflation Control, Unemployment Effects, Minimum Wage Impacts, Job Rates

This question examines key macroeconomic concepts including types of inflation in Ghana, measures to control deflation, effects of unemployment, impacts of raising minimum wage above equilibrium, and the role of job separation and finding rates.

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Question Tag: Unemployment effects

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EIB – APRIL 2023 – LEVEL I – Q4 – Inflation Types, Deflation Control, Unemployment Effects, Minimum Wage Impacts, Job Rates

This question examines key macroeconomic concepts including types of inflation in Ghana, measures to control deflation, effects of unemployment, impacts of raising minimum wage above equilibrium, and the role of job separation and finding rates.

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EIB – APRIL 2023 – LEVEL I – Q4 – Inflation Types, Deflation Control, Unemployment Effects, Minimum Wage Impacts, Job Rates

This question examines key macroeconomic concepts including types of inflation in Ghana, measures to control deflation, effects of unemployment, impacts of raising minimum wage above equilibrium, and the role of job separation and finding rates.

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