Multiple Choice
Which of the following statements is correct?
A) Technological advances always lead to the permanent displacement of workers.
B) The typical unemployment compensation in the United States is one's half salary for 26 weeks.
C) Unemployment compensation increases the opportunity cost of being unemployed to a worker.
D) Unemployment compensation discourages longer job searches, which leads to a mismatch between jobs and employees.
E) If there is a balance between demand and supply in the labor market, frictional employment must equal zero.
Correct Answer:

Verified
Correct Answer:
Verified
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