Suppose that we added up all the weeks that each person who was unemployed during a year was unemployed.We'd find that
A)people who were unemployed a short time account for both most of the people who were unemployed and most of the time spent unemployed.
B)people who were unemployed a long time account for both most of the people who were unemployed and most of the time spent unemployed.
C)people who were unemployed a short time account for most of the people unemployed, but people who were unemployed for a long time account for most of the weeks spent unemployed.
D)people who were unemployed for a long time account for most of the people unemployed, but people who were unemployed for a short time account for most of the weeks spent unemployed.

Question

Quizplus · Accepted Answer

This is known as the "unemployment duration paradox." While people who are unemployed for a short time may be more numerous, they do not contribute as much to the overall time spent unemployed as those who are unemployed for a longer period. Therefore, people who are unemployed for a short time account for most of the people unemployed, but people who are unemployed for a long time account for most of the weeks spent unemployed.

Suppose That We Added Up All the Weeks That Each