Legislative efforts to make it more difficult for employers to lay off employees will most likely A. decrease frictional unemployment B. increase the natural rate of unemployment C. increase real GDP D. reduce cyclical unemployment
Legislative efforts to make it more difficult for employers to lay off employees will most likely A. decrease frictional unemployment B. increase the natural rate of unemployment C. increase real GDP D. reduce cyclical unemployment
Macroeconomics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506756
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter8: Economic Fluctuations, Unemployment, And Inflation
Section: Chapter Questions
Problem 5CQ
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Legislative efforts to make it more difficult for employers to lay off employees will most likely
decrease frictional unemployment
increase the natural rate of unemployment
increase real GDP
reduce cyclical unemployment
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