Which of the following does NOT affect the duration of unemployment?
A. the availability of unemployment benefits
B. the rate at which new workers enter the work force
C. the demographic make-up of the labor force
D. the organization of the labor market
E. none of the above
查看答案
Unemployment hysteresis refers to the fact that
A. high rates of unemployment tend to perpetuate themselves
B. when unemployed, individuals reduce their consumption, causing firms to lay off more workers and therefore cyclical unemployment increases even more
C. individuals who experience long spells of unemployment often get desperate and take jobs for which they are overqualified
D. politicians often react irrationally to news of high unemployment and stimulate the economy causing unnecessary political cycles
E. none of the above
Which of the following can affect the frequency of unemployment?
A. the availability of unemployment benefits
B. the variability of the demand for labor across different employers
C. the rate at which new workers enter the labor force
D. both A) and B)
E. both B) and C)
Over the last five decades, the natural rate of unemployment has
A. always been around 4%
B. declined from about 5.5% in the 1950s to about 4% in 2009
C. changed as the composition of the labor force has changed
D. consistently declined as more women entered the labor force
E. increased from 3% in the 1950s to 8% in the 1980s, but decreased ever since
If the government stimulates aggregate demand in response to an adverse supply shock,
A. the inflation rate will increase but frictional unemployment will decrease
B. the unemployment rate will increase but the inflation rate will decline
C. an increase in unemployment can be avoided but only at the cost of increased inflation
D. high inflation can be avoided but the rate of unemployment will increase
E. the inflation and unemployment rates will be reduced simultaneously
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