According to the "New View" or the "Turnover View' of Unemployment

question 7

Multiple Choice

According to the "new view" or the "turnover view' of unemployment, _______.

• A) the incidence of unemployment is important but the duration of unemployment is not
• B) unemployment is characterized primarily by a core of workers that have been jobless for a long time
• C) the unemployment rate is persistent over time
• D) employment instability plays a major role in a dynamic labour market
• E) the labour market is moving toward an equilibrium, where full employment exists

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Definitions:

European Union

A political and economic union of 27 European countries that are tied by a single market and a variety of policies aiming at ensuring freedom, security, and justice.

Homogeneous Place

A location or setting where the individuals or elements share a high degree of similarity or uniformity.

Transportation Infrastructures

The foundational facilities and systems that support the movement of people and goods, including roads, bridges, tunnels, railways, and airports.

Safe Water

Water that is clean and free from contaminants, making it suitable for drinking and cooking without risking health.