When the Unemployment Rate Is Low,we Would Expect That

question 46

Multiple Choice

When the unemployment rate is low,we would expect that

• A)the probability of losing a job is high.
• B)the probability of losing a job is low.
• C)the probability an unemployed individual will find another job is low.
• D)the separation rate will increase.

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Definitions:

Positivistic

Pertaining to the philosophy of positivism, which asserts that the only authentic knowledge is scientific knowledge, and such knowledge can only come from positive affirmation of theories through strict scientific method.

Social Problems

Issues within a society that are recognized by a significant number of people as being undesirable or needing improvement.

Industrial Revolution

A period of major industrialization from the late 18th to early 19th centuries that transformed primarily agrarian, rural societies in Europe and America into industrialized, urban ones.

Urban Environments

Refers to cities and towns, focusing on their social, economic, and physical structures, as well as the challenges and opportunities they present.