Compare and contrast factors of production growth, financial system, and unemployment rates on the economy.

In this week’s lecture, we discussed the effects of inflation and how shortage of labor leads to inflation. Note that labor is one of the four factors of production, and a shortage of labor is considered falling unemployment.After this week’s textbook and lecture readings, respond to the following prompts:Compare and contrast factors of production growth, financial system, and unemployment rates on the economy.Explain how this relationship will affect you at your workplace.