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Costs of Unemployment | IB Macroeconomics

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By Brad Cartwright on youtube.com

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In this step you'll learn about the distribution and cost of unemployment. The distribution of unemployment refers to geographical, age, ethnic, and gender disparities. The cost of unemployment refers to the cost to an unemployed person, society, and the economy as a whole. These two pieces of information are important for evaluation questions on an IB exam.

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