The Natural Unemployment Rate Is Higher If

question 93

Multiple Choice

The natural unemployment rate is higher if

• A)there is a decrease in the working-age population.
• B)unemployment benefits become more generous.
• C)efficiency wages are lower.
• D)many of the new jobs created require skills possessed by the available labor.
• E)there are fewer two-income households.

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Definitions:

Campus Recruitment

The process by which companies visit educational institutions to recruit students and recent graduates directly into entry-level positions.

Selection Process

The series of steps taken by an organization to assess and choose candidates for employment.

Job Applicants

Individuals who apply for a specific job vacancy, seeking employment within an organization.

Qualified Job Applicants

Individuals who meet the required qualifications and criteria for a job position.