Because of the dynamics of the workforce,for example,whether or not workers become discouraged when there are changes in the economy,
A) the unemployment rate is not necessarily an accurate gauge of the labor market.
B) the unemployment rate is a precise gauge of the labor market.
C) it might be best to consider the employment population ratio rather than the unemployment rate.
D) Both a and c are correct
E) None of the above is correct.
Correct Answer:
Verified
Q20: Over the past 50 years or so,
A)the
Q22: Wage rigidity:
A)helps the labor market achieve equilibrium.
B)prevents
Q23: If the income taxes on wages increase,the
Q24: An increase in labor regulations results in:
A)
Q26: An institutional fixed wage set above the
Q27: The labor demand curve slopes downward because:
A)wages
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