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Suppose that the proportion of employed workers who are fired or quit is constant. Also assume that the labour force is constant. Which of the
Suppose that the proportion of employed workers who are fired or quit is constant. Also assume that the labour force is constant. Which of the following statements are correct?
a) The larger the number of employed people, the larger the number of separations.
b) The larger the number of employed people, the larger the separation rate.
c) The larger the number of unemployed people, the larger the job-finding rate.
d) The larger the number of employed people, the smaller the unemployment rate.
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