Most spells of unemployment are short. About half of unemployment spells end with an exit from the labor force
a. True
b. False
Indicate whether the statement is true or false
True
You might also like to view...
Monetary policy refers to the actions taken by the Treasury Department to set the level of the money supply
Indicate whether the statement is true or false
In a simultaneous move game, the number of possible pure strategies a player can play is equal to the number of actions he can choose to take.
Answer the following statement true (T) or false (F)
Price controls are used to ______.
a. alter the natural market equilibrium price b. prevent changes to the natural market equilibrium price c. reduce government influence on the natural market equilibrium price d. eliminate taxes at the natural equilibrium price
The figure given below represents the effects in the labor markets due to migration. Here the world has been divided into a high-income "North" (left panel) and a low-income "South" (right panel). Dn and Sn are the labor demand and the labor supply curves in North. Ds and (Sr + Smig) are the labor demand and pre-migration labor supply curves in South. Sr is the post-migration labor supply curve in South. The value c is the cost of migrating.
After migration of the workers, the workers in North earn ________ per hour and South workers earn ________ per hour.
A. $6.75; $3.00 B. $8.00; $3.00 C. $8.00; $4.25 D. $6.75; $4.25