When the following events happen, does the unemployment rate rise (R), fall (F), or stay the same (S)? just write the letter (R,F,S) next to the question Workers are laid off and start looking for work. People without jobs who are looking for work find work. People without jobs and looking for work give up and stop looking. People without jobs and not looking for work become encouraged and decide to start looking for work.
When the following events happen, does the unemployment rate rise (R), fall (F), or stay the same (S)? just write the letter (R,F,S) next to the question Workers are laid off and start looking for work. People without jobs who are looking for work find work. People without jobs and looking for work give up and stop looking. People without jobs and not looking for work become encouraged and decide to start looking for work.
Chapter18: Introduction To Macroeconomics: Unemployment, Inflation, And Economic Fluctuations
Section: Chapter Questions
Problem 9P
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When the following events happen, does the
-
- Workers are laid off and start looking for work.
- People without jobs who are looking for work find work.
- People without jobs and looking for work give up and stop looking.
- People without jobs and not looking for work become encouraged and decide to start looking for work.
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