explain any 3 consequences of unemployment
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1.Loss of income: Unemployment normally results in a loss of income.
2.Negative multiplier effects: The closure of a local factory with the loss of hundreds of jobs can have a large negative multiplier effect.
3.Loss of national output: Unemployment involves a loss of potential national output.
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here is your answer
1.Loss of income: Unemployment normally results in a loss of income.
2.Negative multiplier effects: The closure of a local factory with the loss of hundreds of jobs can have a large negative multiplier effect.
3.Loss of national output: Unemployment involves a loss of potential national output.
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please mark it as brainliest
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1. Loss of income
2.The majority of the unemployed experience a decline in their living standards and are worse off out of work. ...
3.Loss of national output
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