One Reason That Economists Are Interested in Gross Flows in the Labour

question 115

Multiple Choice

One reason that economists are interested in gross flows in the labour market as well as in the stock of unemployment is that examining the gross flows

• A)gives a better estimate of NAIRU.
• B)gives a good estimate of the incidence of unemployment.
• C)excludes only the new entrants and retirements of people moving into and out of the labour force.
• D)provides a better indication of overall activity in labour markets.
• E)provides a better indication of the total number of people unemployed at any one time.

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Definitions:

Sublet

The act of leasing out a rented property by the original tenant to a third party.

Liable

Legally responsible or obligated to make amends for actions, damages, or debts.

Possession

The state or fact of having ownership or control of something, often referring to tangible property.

Subtenancy

An arrangement where a tenant leases out a part or all of a leased property to another, creating a sublease.