Labour force 100 million seperation rate 2%/pm job finding 38%/pm (Per month = pm) in steady state how many workers are employed and unemployed, and are more workers losing jobs than those finding new ones
Labour force 100 million seperation rate 2%/pm job finding 38%/pm (Per month = pm) in steady state how many workers are employed and unemployed, and are more workers losing jobs than those finding new ones
Chapter6: Macroeconomic Measurements, Part I: Prices And Unemployment
Section6.1: Measuring The Price Level
Problem 2ST
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Labour force 100 million
seperation rate 2%/pm
job finding 38%/pm
(Per month = pm)
in steady state how many workers are employed and
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