Learning Goal: I’m working on a macro economics discussion question and need the explanation and answer to help me learn.
Week 9: Interactive activity
9.1 Learning Outcomes:
- Define labor force.
- Calculate the unemployment rate.
- Calculate the labor-force participation rate.
- Define the natural rate of unemployment.
9.2 Action Required:
Read the article by using the following link:
https://www.spa.gov.sa/viewfullstory.php?lang=en&newsid=2388275#2388275
9.3 Test your Knowledge (Question):
Discuss the impact of Vision 2030 on the unemployment rate in the kingdom.
(How Vision 2030 has helped in creating new employment opportunities)
9.4 Instructions
Answer the given question in your own word and it should be approximately 120 words
(This activity carry 3 marks)
Good luck.