Response to Questions

Response to Questions

For the U.S economy to grow the number of people who are not in the labor force and have given up should be reduced. Those who are not in the labor force are not looking for a job but are instead those in school or those who have already retired. The best approach of reducing the number of such people is by allocating more funds on unemployment benefits (Amadeo). This leads to the growth of the economy because the beneficiaries will spend the money given.

The rate of unemployment is used to measure the growth of the economy. If the rate of unemployment in a country is high, it means that the investment rate is low since people do not have funds to invest. When the unemployment rate is high, the governmen

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