In the Model of the Steady-State Unemployment Rate with a Fixed

question 27

Multiple Choice

In the model of the steady-state unemployment rate with a fixed labour force, the rate of job finding equals the percentage of the _____ who find a job each month, while the rate of job separation equals the percentage of the _____ who lose their job each month.

• A)labour force; labour force
• B)labour force; unemployed
• C)employed; labour force
• D)unemployed; employed

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Definitions:

Dramatically Change

To undergo significant, sudden alterations in characteristics, circumstances, or behaviors.

Genetic Influences

The impact of an individual's genetic composition on their physical traits, behaviors, and susceptibility to certain conditions.

Active Contributors

Individuals or entities actively participating or adding value to a process or project.

Own Development

The personal growth and evolution over time in various aspects, such as physical, mental, emotional, and social.