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On the negative facet, it could be argued that implementing and working a program like the JGP can be extremely pricey. Nevertheless, if the federal government can thereby eradicate many of the costs at present related to paying people who are not working, it will not be a nasty proposal. Unemployment could also be considered as a coverage device to control inflation as a result of when cost pressures rise during unemployedprofessors review a gradual,unemployment-ridden financial system, rates of interest are tightened and wage demands are diminished which together guarantee inflation is kept in verify. Then again, it has been argued that the back and forth between personal and public sector employment and a fixed JGP wage are sufficient to manage is the view of William F. Mitchell, Professor of Economics at Newcastle University and Charles Darwin College, Australia, who has revealed extensively in the areas of wage and price inflation and unemployment (Mitchell 1998).
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