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:

Uniqueness

The quality of being the only one of its kind; in branding, it refers to features or attributes that set a brand apart from its competitors.

Brand Asset

Any resource associated with a brand that adds to its value, such as its name, logo, reputation, or intellectual property.

Invest

The act of allocating resources, usually financial capital, in the expectation of generating an income or profit.

Fame

The state of being widely known and recognized by many people.