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Why does weak demand cause unemployment to rise?
A
The younger and better qualified.
B
More unemployment raises government spending on out-of-work support.
C
Long-term unemployment lasts more than twelve months.
D
Firms produce less and cut jobs.
Card 1 of 22
3.2.6 Causes and consequences of unemployment Flashcards
22 flashcards on OCR GCSE Economics 3.2.6 Causes and consequences of unemployment: the key terms, formulae and calculations you need to recall for Component 01 and Component 02.