4.5 Unemployment

a) Explain two methods of measuring unemployment and consider the extent of the possible difficulties in obtaining an accurate measurement of unemployment. [8]

a) Explain three causes of unemployment and consider which cause is likely to be most damaging to a high-income economy. [8]

b) Assess whether increases in aggregate demand are the best way of reducing unemployment in a high-income country. [12]

a) With reference to a country that is known to you, explain the main causes of unemployment and consider which of these causes is most significant.[8]