Explain What Effect an Increase in the Unemployment Rate Will

question 63

Essay

Explain what effect an increase in the unemployment rate will have on the real wage based on: (1)the WS relation; and (2)the PS relation.

---

Definitions:

Pronation

A rotation of the forearm or hand so that the palm faces downward or backward.

Supination

The rotational movement of the forearm or foot that turns the palm or sole outward or upward.

Dorsiflexion

The action of lifting the foot upwards towards the shin, decreasing the angle between the dorsum of the foot and the leg.

Periodontal Ligament

A group of specialized connective tissue fibers that attach a tooth to the alveolar bone, aiding in tooth stabilization.