Suppose the Job Market Improved and Workers Didn't Realize It

question 39

Multiple Choice

Suppose the job market improved and workers didn't realize it.We would expect to observe

• A)frictional unemployment to increase.
• B)the duration of unemployment and the amount of unemployment to decrease.
• C)higher wages,with the duration of unemployment and the amount of unemployment unchanged.
• D)a decrease in aggregate demand.

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Definitions:

SEC

The Securities and Exchange Commission is a U.S. federal agency that oversees securities transactions, activities of financial professionals, and ensures that investment markets operate fairly and transparently.

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The process through which a business formally records its initial information with the relevant authorities, often related to its establishment or incorporation.

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Financial instruments that hold some type of monetary value, such as stocks, bonds, or options, which can be traded on financial markets.

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Adherence to laws, regulations, guidelines, and specifications relevant to business operations.