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Qaagi - Book of Why

Causes

Effects

excess supply which is caused by high wage rates(passive) is caused bythe classical economists unemployment

Sean Nov 1 , 2013 806 Home Ownership LevelsMight CauseHigh Unemployment Find Economists

Minimum wage policy is usually thoughtto causeunemployment in classical economics

Their work , which shows how markets can sometimes lead to inefficient outcomeshas influencedeconomists ’ understanding of unemployment

minimum wagescauseunemployment is unravelling amongst academic economists

the consensus among economists on the minimum wagecausesunemployment-- has been challenged by certain economists

6%.These observationsleadeconomists to differentiate betweencyclical unemployment

they did not believewould leadto unemployment keynes and the classical economists

immigration enforcement roleleadsto unemployment claim economists

when there is an additional supply of labor at a higher wage levelresultswhen there is an additional supply of labor at a higher wage level

from.insufficient aggregate demandresultsfrom.insufficient aggregate demand

neither upward nor downward pressure on inflationcreatesneither upward nor downward pressure on inflation

to come downwas setto come down

from the normal business cycleresultsfrom the normal business cycle

money supply , stimulus , and the budget deficitcreatedmoney supply , stimulus , and the budget deficit

To “ Massive Sovereign DefaultWould LeadTo “ Massive Sovereign Default

to indicators the region 's recovery is gathering momentumcontributingto indicators the region 's recovery is gathering momentum

a switch from beaver - hunting to deer - hunting or vice versawould ... causea switch from beaver - hunting to deer - hunting or vice versa

to reach 10 %is setto reach 10 %

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