Which of the following statements is TRUE for the United States?
A) the unemployment rate consistently tends to be slightly higher among males than among females
B) the unemployment rate of teenagers tends to be much higher and more variable than that of people 20 years and older
C) during the 1981/1982 recession, the unemployment rate among teenagers was nearly the same as the unemployment rate among workers over 20
D) the highest unemployment rate in the post World War II period occurred in the 1974/75 recession
E) the unemployment rate among minorities consistently remained above 10 percent over the last 5 decades
Correct Answer:
Verified
Q13: Unemployment hysteresis refers to the fact that
A)high
Q14: Frictional unemployment is
A)the unemployment that exists even
Q15: Concerns about high unemployment
A)are not justified since
Q16: Over the last five decades, the natural
Q17: Which of the following statements is FALSE?
A)there
Q19: If we look at U.S.unemployment by duration
Q20: Okun's law states that if the unemployment
Q21: Roughly how large was the working-age population
Q22: Which country below had the lowest unemployment
Q23: Some evidence suggests that prolonged periods of
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