Multiple Choice
Which of the following statements is correct?
A) Technological advances always lead to the permanent displacement of workers.
B) In a growing and dynamic economy, jobs are constantly being destroyed and created.
C) Without unemployment insurance, the average duration of unemployment would likely be longer.
D) 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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