
Macroeconomics 11th Edition by Michael Parkin
Edition 11ISBN: 9780133423884
Macroeconomics 11th Edition by Michael Parkin
Edition 11ISBN: 9780133423884 Exercise 3
Which of the following people are unemployed because of labor market mismatching?
Michael has unemployment benefits of $450 a week and he turned down a full-time job paying $7.75 an hour.
Tory used to earn $60,000 a year and he turned down a low-paid job to search for one that pays at least $50,000 a year.
David turned down a temporary full-time job paying $ 15 an hour because it was an hour's drive away and the gas cost would be high.
Michael has unemployment benefits of $450 a week and he turned down a full-time job paying $7.75 an hour.
Tory used to earn $60,000 a year and he turned down a low-paid job to search for one that pays at least $50,000 a year.
David turned down a temporary full-time job paying $ 15 an hour because it was an hour's drive away and the gas cost would be high.
Explanation
Here, Terry used to earn $60,000 a year....
Macroeconomics 11th Edition by Michael Parkin
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