Define and fully explain unemployment, and also explain why jobless is not the same as by unemployment, and why some unemployment is a good things

1.    Define and fully explain unemployment, and also explain why jobless is not the same as by unemployment, and why some unemployment is a good things.


2.    Define and fully explain RGDP, also explain why RGDP does not accurately measure happiness or our standard of living.

a)    Black market.
b)    Non $ stuff can’t/won’t be measured.
c)    Fairness of distribution “noting”.


3.    Define and fully explain inflation, and who does inflation hurt and who does it hurt the most.

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