The duration of an unemployment spell is a measure of the:
A. length of time a spell of unemployment lasts.
B. number of workers unemployed during a specific period of time.
C. income lost while unemployed.
D. number of times during a year a worker becomes unemployed.
Answer: A
You might also like to view...
Other things being equal, appreciation of the dollar
A) increases aggregate demand in the United States, and may decrease aggregate supply by reducing the prices of imported resources. B) increases aggregate demand in the United States, and may increase aggregate supply by reducing the prices of imported resources. C) decreases aggregate demand in the United States, and may decrease aggregate supply by increasing the prices of imported resources. D) decreases aggregate demand in the United States, and may increase aggregate supply by reducing the prices of imported resources.
The opportunity cost of a decision is measured in terms of
A) the next best thing given u
Other things remaining the same, which of the following is likely to happen if an industry introduces a labor-complementary technology in production?
A) There will be a rise in both the wage rate and the employment levels in the industry. B) There will be a fall in both the wage rate and the employment levels in the industry. C) There will be a fall in the wage rate and a rise in the employment levels in the industry. D) There will be a rise in the wage rate and a fall in the employment levels in the industry.
An increase in the reserve requirement would:
A) decrease excess reserves and reflect an expansionary monetary policy. B) decrease excess reserves and reflect a contractionary monetary policy. C) increase excess reserves and reflect an expansionary monetary policy. D) increase excess reserves and reflect a contractionary monetary policy.