Explain how the discouraged worker effect relates to changes in output.
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Q76: Q77: Assume the unemployment rate does not tend Q78: Explain inventory investment. Q79: What are adjustment costs? Q80: Assume a firm finds that its adjustment Q82: Explain why productivity figures can be misleading Q83: A 1% increase in output tends to Q84: Summarize the factors that govern firm behavior Q85: Define labor productivity. Q86: When the inventory/sales ratio is high what
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