Wednesday, March 30, 2011, 4:20 pm
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Much of the discussion on
finding solutions to the unemployment problem has centered on the pivotal role
of faster economic growth and cuts in real wages. Faster economic growth is
viewed as a means of generating more jobs. Cuts in real wages are a reaction to
the view that through their demands for higher wages, some groups of workers
have priced themselves out of a job.
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Added by: Aghap |
Date: 03.30.2011
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