Question
The unemployment rate in Freedonia has been above 15% for the last year. This month, it falling, but job vacancy rates remain high. The working-age
The unemployment rate in Freedonia has been above 15% for the last year. This month, it falling, but job vacancy rates remain high. The working-age population has remained stable throughout this time, and poverty rates have increased slightly. What is one possible cause for unemployment rates to shrink while job vacancy rates stay high? Explain why?
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Microeconomics Principles, Problems, And Policies
Authors: Campbell McConnell
21st Edition
1259915727, 9781259915727
