If the Steady-State Rate of Unemployment Equals 0

question 2

Multiple Choice

If the steady-state rate of unemployment equals 0.125 and the fraction of unemployed workers who find jobs each month (the rate of job findings) is 0.56, then the fraction of employed workers who lose their jobs each month (the rate of job separations) must be:

• A)0.08.
• B)0.125.
• C)0.22.
• D)0.435.

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Definitions:

Renal Function

The efficiency and effectiveness of the kidneys in filtering and eliminating waste products from the blood.

Mg/dL

Milligrams per deciliter, a measurement unit used in medicine to denote the concentration of substances in the blood.

Elevated

Raised above the ground or a normal level; increased in position or status.

Dehydration

Withdrawal of water from the tissues naturally or artificially.