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Explain how the rate of unemployment is measured

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1) Explain how the rate of unemployment is measured and discuss the weaknesses of this method of measurement.

2) Discuss the trends in labour force participation in Australia over the past 30 years.

3) Why are policy makers concerned about rising unemployment rates?

4) Explain the three main types of unemployment and outline the types of policies that can be used to reduce each type.

Reference no: EM13849724

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