Which of the following is NOT one of the "slippages" between changes in output and changes in the unemployment rate?

Question

Quizplus · Accepted Answer

None of the other options describe a slippage between changes in output and changes in the unemployment rate. Option B describes the phenomenon of productivity increasing faster than employment, while Option C describes the potential for increased labor force participation as a result of economic growth. Option D notes the difference between the number of jobs and the number of people employed, which can indicate changes in part-time versus full-time employment or changes in the rate of self-employment, but does not speak to a slippage between output and unemployment. Option A describes a relationship between the size of the labor force and interest rates, which does not necessarily point to a direct slippage between output and unemployment, but could have indirect effects on employment levels.

Which of the Following Is NOT One of the "Slippages