Give two disadvantages to the government of rising unemployment.
- Government has to give out more employment benefits (increasing expenses and decreasing funding in other sectors in the economy 2)Government may see falling tax revenue due to falling average income levels.
FA
Related Economics GCSE answers
All answers ▸What are negative externalities, and what policies can the government implement to reduce them?
What is the difference between the current account deficit and the government deficit?
Explain two disadvantages of specialisation.
Define the term PPF and illustrate it.