Multiple Choice
The more generous the amount of unemployment benefits, the
A) shorter the time spent searching until accepting a suitable job.
B) lower the natural unemployment rate.
C) lower the opportunity cost of job search.
D) higher the opportunity cost of job search.
E) shorter the time spent searching for a suitable job and the higher the opportunity cost of being unemployed.
Correct Answer:
Verified
Related Questions
Q2: Q3: The natural unemployment rate is the result Q4: The labor force participation rate
A)increases as the
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