Question
Every month 16% of the unemployed find a job and 4% of the employed are separated from their jobs. If the current unemployment rate is
Every month 16% of the unemployed find a job and 4% of the employed are separated from their jobs. If the current unemployment rate is 10%,you would expect the unemployment rate to
decrease
stay the same
cannot be determined
increase
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Econometric Analysis Of Cross Section And Panel Data
Authors: Jeffrey M Wooldridge, J M Wooldridge
2nd Edition
0262232588, 9780262232586
