Solved: Discuss how the given changes would affect the natural rate, Microeconomics

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Discuss how the given changes would affect the natural rate

Problem

1. Discuss how the following changes would affect the natural (or frictional) rate of unemployment:

a) Elimination of unions. B) increased participation of teenagers in the labor market. C) larger fluctuations in the level of aggregate demand. D.) increase in unemployment benefits. E.) elimination of minimum wages. F.) lager fluctuations in the composition of aggregate demand.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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