Frictional Unemployment Is Reduced by ________ in the Number of Weeks

question 73

Multiple Choice

Frictional unemployment is reduced by ________ in the number of weeks one is eligible for unemployment compensation,and ________ in the price of gasoline.

• A)an increase,an increase
• B)an increase,a decrease
• C)a decrease,an increase
• D)a decrease,a decrease

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Definitions:

Mean

The arithmetic average of a set of values or distribution.

Variance

A measure of the spread of a set of numbers, indicating how much the values differ from the mean of the set.

Standard Normal Random Variable

A normal distribution with a mean of zero and a standard deviation of one, used in z-score calculations.

Area

The size or dimensions of a land area or surface.