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effects the economy, brings poverty, homelessness, and hunger.

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Q: What are the 4 main negative effects of unemployment?
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What are the 4 types of unemployment?

cyclical/seasonalfrictionalstructuraldisguisedI hope this helps


What are the four main economic variables?

The four main economic variables (in macroeconomics) are 1. Real Gross Domestic Product (GDP) 2. The unemployment rate 3. The inflation rate 4. The interest rate -------- 5. Level of the stock market 6. Exchange rate


What are the adverse effects of economic meltdown?

The effects of this economic meltdown are: 1. Banks have incurred huge losses. Their earnings came down. 2. Financial institutions have gone bust or have been taken over by bigger organizations 3. The housing prices have plummeted 4. The liquidity in the financial system has come down 5. High unemployment etc.


What are the effects of excess labor supply?

This definition reflects the idea that unemployment is an excess supply of labor. This is illustrated by Figure four.Figure 4 -- Unemployment as Excess SupplyFigure 4 shows the supply and demand for labor in one particular industry. When there is a high level of unemployment in the economy, most industries would have excess supplies as shown here. This is the excess supply interpretation of unemployment.The economic effect of excess labour supply1. Higher wages: In a developed areas, a rightward shift in the supply of labour will cause a reduction in the economic profit of the firm and will result in rightward shift in the average rate per goods.


What are the 4 main types of economic systems?

the 4 main types of economic systems are: a market economy, a mixed economy, a planed economy, and a traditional economy