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How does a high unemployment rate affect the economy?

A high unemployment rate has no effect.
A high unemployment rate has little effect.
A high unemployment rate has a very positive effect.
A high unemployment rate has a very negative effect.

User Mavilein
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2 Answers

6 votes

Answer:

A high unemployment rate has a very negative effect

Step-by-step explanation:

EDGE 2022

User Arthurakay
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4 votes

Answer:

A high unemployment rate has a very negative effect.

Step-by-step explanation:

High unemployment means that many people are not earning money which means that less money goes towards the government as tax which means the overall infrastructure cannot be improved due to less tax

User Teachme
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