Which of the following statements is FALSE? high rates of unemployment often have a way of perpetuating themselves B the availability of unemployment benefits reduces the natural rate of unemployment the natural rate of unemployment can be reduced by policies designed to affect the composition of the labor force O the unemployment rate among white males 20 years and older is lower than the overall unemployment rate even when the economy is at the full-employment level of output, some frictional unemployment still exists

Which of the following statements is FALSE? high rates of unemployment often have a way of perpetuating themselves B the availability of unemployment benefits reduces the natural rate of unemployment the natural rate of unemployment can be reduced by policies designed to affect the composition of the labor force O the unemployment rate among white males 20 years and older is lower than the overall unemployment rate even when the economy is at the full-employment level of output, some frictional unemployment still exists

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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