Which Group of Unemployed Workers Accounts for the Greatest Share

question 13

Multiple Choice

Which group of unemployed workers accounts for the greatest share of the flow into unemployment?

• A) New entrants into the labour force
• B) Discouraged workers
• C) Job quitters
• D) Job losers
• E) Re-entrants into the labour force

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Definitions:

Interest Rates

The cost of borrowing money, typically expressed as a percentage of the amount borrowed, paid by the borrower to the lender for the use of their funds.

Future Consumption

The concept of saving resources or income in the present in order to consume or utilize in the future, reflecting economic planning and saving behavior.

Present Value

The current worth of a future sum of money or flow of cash flows given a specified rate of return.