One Reason That Economists Are Interested in the Gross Flows

question 7

Multiple Choice

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

• A)gives us a better estimate of NAIRU.
• B)gives more insight into the amount of labour-market turnover.
• C)provides a better indication of the total number of people unemployed at any one time rather than just looking at the stocks.
• D)provides a good estimate of the overall level of employment.
• E)provides the only reliable way to measure cyclical unemployment.

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Definitions:

Financial Planning

The process of estimating the capital required and determining its competition; it is the process of framing financial policies in relation to procurement, investment, and administration of funds of an enterprise.

Strategic

Relating to the identification of long-term or overall aims and interests and the means of achieving them, often involving planning and resource allocation.

Synergy

Notion that a combined firm is worth more than the two firms are individually.

Merger

Agreement in which two or more firms combine to form one company.