how does a high unemployment rate affect the economy?\na high unemployment rate has little effect.\na high…
how does a high unemployment rate affect the economy?\na high unemployment rate has little effect.\na high unemployment rate has no effect.\na high unemployment rate has a very negative effect.\na high unemployment rate has a very positive effect.
Answer
Brief Explanations:
High unemployment means fewer people are working and contributing to production, and consumers have less income to spend, which slows economic growth. It also leads to higher government spending on welfare. So it has a very negative effect on the economy.
Answer:
A high unemployment rate has a very negative effect.