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From course:

Economics A Level (DONEEEEEEE)

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Question:

How can Frictional Unemployment be Reduced?

Author: eric_galvao



Answer:

-In a Nutshell, Policies that Encourages People to Find a Job -Less Income Tax can Incentivise Work, or for them to work Longer Hours -Greater Information about Jobs allows Workers to find their Right Job Quicker -Reducing Benefits will make more Unemployed Workers seek Work, and also deal with the Unemployment Trap


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