If the labour market becomes more efficient so that the unemployed are more quickly matched with jobs, this
A) could either increase or decrease the equilibrium level of unemployment.
B) will decrease the equilibrium level of unemployment.
C) will not affect the equilibrium level of unemployment.
D) will increase the equilibrium level of unemployment.
Correct Answer:
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Q41: The unemployment rate can drop even if
Q42: What costs does unemployment generate?
A) Public spending
B)
Q43: Indicate which is not a cost of
Q44: Which of the following is not a
Q45: Disequilibrium unemployment means that
A) the supply of
Q47: Frictional unemployment is the
A) portion of unemployment
Q48: The Ministry of Defence closes its headquarters
Q49: Which of the following is a type
Q50: If the price index in period 3
Q51: If real GDP decreased from 1995 to
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