2. Which of the following is True about the graphs below? Unemployment Hours 10.09 0.81 0.08 0.8 0.07 0.79 0.06 0.78 0.77 0.05 0.76 2005 2010 2015 2005 2010 2015 (a) There is a direct relation between unemployment and hours (b) There is no relation between unemployment and hours (c) Unemployment dropped the number of working hours in the work place

Macroeconomics
13th Edition
ISBN:9781337617390
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter6: Macroeconomic Measurements, Part I: Prices And Unemployment
Section: Chapter Questions
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2. Which of the following is True about the graphs below?
Unemployment
Hours
0.09
0.81
0.8
0.08
0.79
0.07
0.78
0.06
0.77
0.05
0.76
2005
2010
2010
2015
2005
2015
(a) There is a direct relation between unemployment and hours
(b) There is no relation between unemployment and hours
(c) Unemployment dropped the number of working hours in the work place
Transcribed Image Text:2. Which of the following is True about the graphs below? Unemployment Hours 0.09 0.81 0.8 0.08 0.79 0.07 0.78 0.06 0.77 0.05 0.76 2005 2010 2010 2015 2005 2015 (a) There is a direct relation between unemployment and hours (b) There is no relation between unemployment and hours (c) Unemployment dropped the number of working hours in the work place
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