What adjustments need to be made to the economy for it to achieve long-run full employment levels?
Posted by admin in Finance Thursday, 27 October 2011 13:26 2 Comments
What adjustments need to be made to the economy for it to achieve long-run full employment levels?
cancel unemployment benefits and minimum wage.
If the economy is truly a free market, then you don’t have to “adjust” anything. To the extent that you have made “adjustments” in the past, you need to stop making them.