If a nation’s labor force receives a significant influx of young workers: a)frictionalunemployment will likely decrease to zero. b)the natural rate ofunemployment is likely to increase. c)the natural rate ofunemployment is likely to decrease. d)the natural rate ofunemployment is unlikely to change
If a nation’s labor force receives a significant influx of young workers: a)frictionalunemployment will likely decrease to zero. b)the natural rate ofunemployment is likely to increase. c)the natural rate ofunemployment is likely to decrease. d)the natural rate ofunemployment is unlikely to change
Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)
14th Edition
ISBN:9781305506381
Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Chapter2: Fundamental Economic Concepts
Section: Chapter Questions
Problem 5E
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Question
If a nation’s labor force receives a significant influx of young workers:
a)
frictional
unemployment will likely decrease to zero.
b)
the natural rate of
unemployment is likely to increase.
c)
the natural rate of
unemployment is likely to decrease.
d)
the natural rate of
unemployment is unlikely to change
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