Multiple Choice
Which of the following is NOT one of the "slippages" between changes in output and changes in the unemployment rate?
A) As the size of the labor force increases,the interest rate increases,and therefore output falls.
B) The percentage increase in the number of jobs is less than the percentage increase in output.
C) The labor force increases when output increases.
D) The change in the number of jobs and the change in the number of people employed are not equal.
Correct Answer:
Verified
Correct Answer:
Verified
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