When firms hold excess labor, the unemployment rate drops faster during an expansion.
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Q312: The measured unemployment rate does not rise
Q313: If the unemployment rate is 13%, then
Q314: In general, the relationship between _ and
Q315: The theory that the unemployment rate decreases
Q316: If Okun's Law holds true, then a
Q318: An increase in _ will cause the
Q319: If the number of people employed is
Q320: If discouraged workers were counted as unemployed,
Q321: If the economy has automatic stabilizers built
Q322: Which of the following statements is true?
A)
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