Multiple Choice
If we know that on average 50% of unemployed leave unemployment each month, then the average duration of unemployment is:
A) 2 months.
B) 12 months.
C) 1 month.
D) 6 months.
E) More information is needed.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q19: Suppose the aggregate production function is given
Q20: Suppose the aggregate production function is given
Q21: With the real wage on the vertical
Q22: Suppose we wish to examine the determinants
Q23: Which of the following is not in
Q25: Based on our understanding of the labour
Q26: Based on our understanding of the labour
Q27: For this question, assume that Y =
Q28: What is the effect on the PS
Q29: In the wage- setting relation, the nominal