Multiple Choice
In the model of the steady-state unemployment rate with a fixed labor force, the rate of job finding equals the percentage of the ______ who find a job each month, while the rate of job separation equals the percentage of the ______ who lose their job each month.
A) labor force; labor force
B) labor force; unemployed
C) employed; labor force
D) unemployed; employed
Correct Answer:
Verified
Correct Answer:
Verified
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