The Average Duration of Unemployment

question 134

Multiple Choice

The average duration of unemployment

• A)decreases during recessions and increases during expansions.
• B)increases during recessions and decreases during expansions.
• C)does not vary with the business cycle.
• D)decreases all the time.
• E)increases all the time.

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Definitions:

Fallacy

A flaw or error in reasoning that undermines the logical validity of an argument.

Sanctions

Penalties or other forms of enforcement used to encourage compliance with laws, regulations, or rules.

Subjectivism

The philosophical stance that reality or knowledge is subjective, depending on the individual's perceptions or feelings.

Fallacy

A mistake in logic that makes an argument unsound.