Long term unemployment causes all of the following except
a) depreciation of human capital
b) reduced probability of reemployment
c) reduced intensity of job search
d) increased unemployment insurance replacement rates
e) discouraged worker effects and labor market withdrawal
d) increased unemployment insurance replacement rates
You might also like to view...
Which of the following are true in a graph of isoquants (with capital on the vertical and labor on the horizontal) assuming a given wage and rental rate.
A. All long-run cost minimizing input bundles lie on a ray from the origin. B. (a) is true only if the production technology is homothetic. C. All short-run cost minimizing input bundles lie on a horizontal line. D. (c) is true only if the production technology is homothetic. E. (a) and (c) are true. F. (b) and (c) are true. G. (a) and (d) are true. H. None of the above.
Suppose a country's debt rises by 6% and its GDP rises by 5%. What happens to the debt-GDP ratio?
A) It rises if there is a budget deficit that period. B) It falls. C) It rises. D) There is insufficient information to answer the question.
A reaction function is
A) companies colluding in order to make higher than competitive rates of return. B) the manner in which one oligopolist reacts to a change in price made by another oligopolist in the industry. C) a game in which firms will not negotiate in any way. D) when plans made by firms are known as game strategies.
Traveler's checks are included in which of the following?
A. M2 only. B. M1 only. C. Both M1 and M2. D. None of the choices are correct.