The government wants to reduce the unemployment rate for young people. The four programs it is considering are:
Rechuce the minimun wrage.
Offer firms a subsidy far every yaung warker hired.
Provide subsiclized housing to young people in their first year an the job.
Stipulate that unemployment benefits nill be an increasing function af the number of years aperson has been warking subject to same maxinum amount. Explain how each of these programs would affect unemployment for young people. How would you decide which one to choose?
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