6. Theory suggests that frictional unemployment in Canada will decrease if workers have higher levels of education and training. a. b. labour-market flexibility in Canada decreases. C. the benefits received under the employment-insurance system become less generous. d. the labour-force participation rate for men falls. e. the labour-force participation rate for women falls.

Essentials of Economics (MindTap Course List)
8th Edition
ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter20: Unemployment
Section: Chapter Questions
Problem 1PA
icon
Related questions
Question

N5

6. Theory suggests that frictional unemployment in Canada will decrease if
a. workers have higher levels of education and training.
b. labour-market flexibility in Canada decreases.
C. the benefits received under the employment-insurance system become less generous.
d. the labour-force participation rate for men falls.
e. the labour-force participation rate for women falls.
FIGURE 1
The economy in the diagram below begins in long-run equilibrium at EQ.
ASI
Price Level
1
184
Yo
EO
ASO
- ADI
ADO
Real GDP
Transcribed Image Text:6. Theory suggests that frictional unemployment in Canada will decrease if a. workers have higher levels of education and training. b. labour-market flexibility in Canada decreases. C. the benefits received under the employment-insurance system become less generous. d. the labour-force participation rate for men falls. e. the labour-force participation rate for women falls. FIGURE 1 The economy in the diagram below begins in long-run equilibrium at EQ. ASI Price Level 1 184 Yo EO ASO - ADI ADO Real GDP
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Comparative Advantage
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Essentials of Economics (MindTap Course List)
Essentials of Economics (MindTap Course List)
Economics
ISBN:
9781337091992
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
Brief Principles of Macroeconomics (MindTap Cours…
Brief Principles of Macroeconomics (MindTap Cours…
Economics
ISBN:
9781337091985
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
ECON MACRO
ECON MACRO
Economics
ISBN:
9781337000529
Author:
William A. McEachern
Publisher:
Cengage Learning
Principles of Economics 2e
Principles of Economics 2e
Economics
ISBN:
9781947172364
Author:
Steven A. Greenlaw; David Shapiro
Publisher:
OpenStax
Principles of Economics, 7th Edition (MindTap Cou…
Principles of Economics, 7th Edition (MindTap Cou…
Economics
ISBN:
9781285165875
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
Principles of Economics (MindTap Course List)
Principles of Economics (MindTap Course List)
Economics
ISBN:
9781305585126
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning