Multiple Choice
Which of the following statements is incorrect?
A) Demand and supply curves for labor are constantly shifting.
B) The typical unemployment compensation in the United States is one's full salary for up to 26 weeks.
C) Unemployment compensation decreases the opportunity cost of being unemployed to a worker.
D) Unemployment compensation encourages longer job searches, which may lead to a better match between jobs and employees.
Correct Answer:
Verified
Correct Answer:
Verified
Q15: In the unemployment rate, part-time workers are:<br>A)not
Q16: Which of the following is false?<br>A)People looking
Q17: The natural rate of unemployment can change
Q18: Exhibit 10-2<br>Assume the following information about a
Q19: The unemployment rate measures:<br>A)unemployed workers as a
Q21: If the numbers of employed and unemployed
Q22: Luke has lent his friend Mitch some
Q23: The development of a nationwide computerized job
Q24: Structural unemployment occurs when:<br>A)automation reduces the need
Q25: The period of declining growth in real