Modern Principles: Macroeconomics
Modern Principles: Macroeconomics
4th Edition
ISBN: 9781319098773
Author: Tyler Cowen, Alex Tabarrok
Publisher: Worth Publishers
Question
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Chapter 11, Problem 11TPS

Subpart (a)

To determine

Does the unemployment rate rise, fall or stay the same “when workers are laid off and start looking for work”?

Subpart (b)

To determine

Does the unemployment rate rise, fall or stay the same “when people without jobs who are looking for work, find work”.

Subpart (c)

To determine

Does the unemployment rate rise, fall or stay the same, “when people without jobs and looking for work give up and stop looking”?

Subpart (d)

To determine

To determine: Does the unemployment rate rise, fall or stay the same, “when people without jobs and not looking for work become encouraged and decide to start looking for work”?

Subpart (e)

To determine

To determine: Does the unemployment rate rise, fall or stay the same “when people without jobs and not looking for work take a job immediately”.

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