Why do countries pursue the macroeconomic goal of full employment?

Answers

Answer 1

full employment ensures that citizens who want to work can find jobs

Answer 2

Lessens disparity and shields people who are jobless from relative poverty which is the reason countries pursue the macroeconomic goal of full employment.

Why Full Employment is impossible?

True full employment is neither desirable nor feasible, according to mainstream economics, which is widely accepted. Due to fundamental changes in the economy, including those brought on by outsourcing and automation, the market can't provide enough jobs to satisfy everyone's needs.

This prevents relative poverty among the unemployed and reduces inequality. In the long run, higher growth will be encouraged by full employment as it will boost consumer and corporate confidence. Poverty, stress, and societal issues are all greatly influenced by unemployment.

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Related Questions

Directions:
Answer the following questions.
1. In what year was the U.S. Constitution written?
A. 1776
B. 1787
C. 1791
D. 1802
2. Which state refused to send representatives to the Constitutional Convention?
A. New Hampshire
B. Delaware
C. Connecticut
D. Rhode Island
3. Which of the following accurately describes the preamble of the Constitution?
A. Additions made to the Constitution to supplement it
B. The foundation of the Constitution, providing operational instructions
C. An introductory explanation of the Constitution, stating its purpose
D. The conclusion of the Constitution, expressing hopes for the future
4. Which Constitutional Article discusses states’ roles, rights and responsibilities?
A. Article Four
B. Article Five
C. Article Six
D. Article Seven
5. What percentage of states must ratify an amendment for it to be added to the
Constitution?
A. 50 percent
B. 66 percent (two-thirds)
C. 75 percent
D. 100 percent
6. How many total amendments have been added to the Constitution?
A. 10
B. 18
C. 27
D. 31
7. What year was the Bill of Rights added to the Constitution?
A. 1787
B. 1791
C. 1802
D. 1810
8. Which is the only amendment to be repealed?
A. 12th Amendment
B. 16th Amendment
C. 18th Amendment
D. 21st Amendment
9. When was the most recent amendment added to the Constitution?
A. 1976
B. 1981
C. 1989
D. 1992
10.The U.S. Constitution establishes the United States as a __________________.
A. Democratic society
B. Monarchical society
C. Dictatorial society
D. Aristocratic society

Answers

1. A
2. D
3. Don’t know
4. A
5. C
6. C
7. B
8. C
9. D
10. A

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