3) a. In general, unemployment rates are higher for workers in lower-skilled occupations, Hispanics, women, and less-educated workers. less-educated workers, African Americans, workers in lower-skilled occupations, and women. African Americans, Hispanics, workers in lower-skilled occupations, and less-educated workers. African Americans, Hispanics, women, and less-educated workers. b. The average length of time people are unemployed rises during a recession because most workers receive unemployment compensation and don’t want to work. retraining takes longer during recessions. unemployment compensation is equal to what people would earn if they were working. businesses continue to lay off workers as a result of the decrease in demand.
3) a. In general, unemployment rates are higher for workers in lower-skilled occupations, Hispanics, women, and less-educated workers. less-educated workers, African Americans, workers in lower-skilled occupations, and women. African Americans, Hispanics, workers in lower-skilled occupations, and less-educated workers. African Americans, Hispanics, women, and less-educated workers. b. The average length of time people are unemployed rises during a recession because most workers receive unemployment compensation and don’t want to work. retraining takes longer during recessions. unemployment compensation is equal to what people would earn if they were working. businesses continue to lay off workers as a result of the decrease in demand.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
Related questions
Question
3)
a. In general,
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workers in lower-skilled occupations, Hispanics, women, and less-educated workers.
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less-educated workers, African Americans, workers in lower-skilled occupations, and women.
-
African Americans, Hispanics, workers in lower-skilled occupations, and less-educated workers.
-
African Americans, Hispanics, women, and less-educated workers.
b. The average length of time people are unemployed rises during a recession because
-
most workers receive unemployment compensation and don’t want to work.
-
retraining takes longer during recessions.
-
unemployment compensation is equal to what people would earn if they were working.
-
businesses continue to lay off workers as a result of the decrease in demand.
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