Evaluate the view that reducing unemployment inevitably has trade-offs with other macroeconomic objectives.

This is a typical essay question, so start off by defining key terms for later use in the answer, such as what a trade-off is, and what the other macroeconomic objectives are. Then, go on the apply and analyse knowledge about how to primarily reduce unemployment (supply and demand side measures).

Then, analysis of what conflicts might arise is appropriate, such as the well known conflict with inflation. Evaluate using issues such as LR vs SR and what policies what would bring about what conflicts.

Answered by Ross B. Economics tutor

6806 Views

See similar Economics A Level tutors

Related Economics A Level answers

All answers ▸

Why does a rise in interest rates lead to a fall in inflation?


What is the Current Account


How would I structure a 25 mark essay?


Explain what is meant by the rate of inflation and  analyse the main causes of inflation


We're here to help

contact us iconContact usWhatsapp logoMessage us on Whatsapptelephone icon+44 (0) 203 773 6020
Facebook logoInstagram logoLinkedIn logo
Cookie Preferences