Which of the following statements is true about the U.S. economy? A. Each year, many new jobs are created, but few existing jobs are destroyed, and the unemployed find jobs quickly. B. Each year, few new jobs are created, but few existing jobs are destroyed, keeping unemployment low. C. Each year few jobs are created, and therefore it takes the unemployed a long time to find a new job. D. Each year, many new jobs are created and many existing jobs are destroyed.
Which of the following statements is true about the U.S. economy? A. Each year, many new jobs are created, but few existing jobs are destroyed, and the unemployed find jobs quickly. B. Each year, few new jobs are created, but few existing jobs are destroyed, keeping unemployment low. C. Each year few jobs are created, and therefore it takes the unemployed a long time to find a new job. D. Each year, many new jobs are created and many existing jobs are destroyed.
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter32: Macroeconomic Policy Around The World
Section: Chapter Questions
Problem 27CTQ: Explain what will happen in a nation that tries to solve a structural unemployment problem using...
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Which of the following statements is true about the U.S. economy?
Each year, many new jobs are created, but few existing jobs are destroyed, and the unemployed find jobs quickly.
Each year, few new jobs are created, but few existing jobs are destroyed, keeping unemployment low.
Each year few jobs are created, and therefore it takes the unemployed a long time to find a new job.
Each year, many new jobs are created and many existing jobs are destroyed.
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