Suppose That Unemployed Workers Searching to Replace Their Lost Jobs

question 45

Multiple Choice

Suppose that unemployed workers searching to replace their lost jobs become discouraged and so decide to temporarily give up the search.Such a decision

• A)increases the NAIRU.
• B)decreases the NAIRU.
• C)increases the official unemployment rate.
• D)decreases the official unemployment rate.
• E)has no effect on the official unemployment rate.

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Definitions:

Physical Units

Refers to the actual countable quantity of items, goods, or products, without considering their value or cost in financial terms.

Production Data

Information related to the manufacturing process, including quantities produced, resources used, and time taken.

January

The first month of the year in the Gregorian calendar.

Conversion Costs

The total expenses of direct labor and manufacturing overhead that are necessary to transform raw materials into completed goods.