Economists disagree about what is full employment(see page 236)—and the best policies to achieve full employment. For two opposing points-of-view see position papers from the liberal Economic Policy Institute at:
http://www.epinet.org/content.cfm/workingpapers_full-employment
and the conservative Heritage Foundation at:
http://www.heritage.org/Research/Budget/BG1506.cfm
Please post your answer to the following questions:
1. Should the US aim to achieve a low unemployment target? List the arguments on each side of this debate. What are the strongest two arguments on each side?
2. What policies are needed to achieve this target? Describe the policies recommended by each side.
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