The Beveridge curve shows a relationship between
A)the frequency and the duration of unemployment
B)the level of output and the unemployment rate
C)job vacancies and the unemployment rate
D)job vacancies and the labor force participation rate
E)the unemployment rate and alcohol consumption

Question

Quizplus · Accepted Answer

The Beveridge curve shows a relationship between job vacancies and the unemployment rate. When there are more job vacancies, the unemployment rate should be lower, and vice versa. This relationship can help to explain the state of the labor market and the degree of matching between job seekers and vacancies.

The Beveridge Curve Shows a Relationship Between