Question
The company TriVonZ opens a new plant in New Zealand and hires 1,000 workers. As a result, the unemployment rate increases. How can that be?
The company TriVonZ opens a new plant in New Zealand and hires 1,000 workers. As a result, the unemployment rate increases. How can that be? (Hint: start your answer by explaining who is defined as unemployed and what the unemployment rate is).
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Microeconomics
Authors: Austan Goolsbee, Steven Levitt, Chad Syverson
1st Edition
978-1464146978, 1464146977
