5. The unemployment rates among demographic groups differ substantially. In particular, the unemployment rates for younger workers

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5. The unemployment rates among demographic groups differ substantially. In particular, the unemployment rates for younger workers are much higher than for older workers.This results from a difference in the rate of job separation rather than from a difference in the rate of job finding.

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Macroeconomics

ISBN: 9780716752370

5th Edition

Authors: N. Gregory Mankiw

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