Multiple Choice
One reason that economists are interested in the gross flows in the labour market as well as the stocks of unemployed is that examining the flows
A) gives us a better estimate of NAIRU.
B) gives more insight into the amount of labour-market turnover.
C) provides a better indication of the total number of people unemployed at any one time rather than just looking at the stocks.
D) provides a good estimate of the overall level of employment.
E) provides the only reliable way to measure cyclical unemployment.
Correct Answer:

Verified
Correct Answer:
Verified
Q2: Suppose the Canadian government implements a new
Q3: The concept of "full employment" refers to
Q4: Many economists believe that the more strict
Q5: The table below shows real GDP,potential GDP
Q6: Another name for "frictional" unemployment is<br>A)economic unemployment.<br>B)real-wage
Q8: The theory of "efficiency wages" provides<br>A)a way
Q9: In macroeconomic models,the idea that NAIRU can
Q10: The economy in the diagram below begins
Q11: Non-market-clearing theories of unemployment emphasize wage stickiness.Wage
Q12: The table below provides hypothetical unemployment,employment,and labour