Sunday, March 01, 2009

Unit 2: Recession and unemployment

A big thanks to Geoff Riley at tutor2u for posting this BBC Newsnight video on how the UK economy is coping with the recession

http://news.bbc.co.uk/1/hi/programmes/newsnight/7892620.stm

a) Explain how the negative multiplier effect resulting from unemployment is deepening the recession
b) How does the video indicate the inequality often associated with unemployment?

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