Which of the following is the resultant effect of a fall in …

JAMB Economics 2023 154 views
Source: JAMB · 2023

Which of the following is the resultant effect of a fall in the profit margin of producers in an economy?

  1. Unemployment will increase ✓
  2. Unemployment will fall
  3. Unemployment will remain constant
  4. Unemployment will fluctuate

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