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NYC NYC
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8 years ago
Which of the following is one of the "slippages" between changes in output and changes in the unemployment rate?
A) The labor force increases when output increases.
B) The percentage increase in the number of jobs is greater than the percentage increase in output.
C) As the size of the labor force increases, the interest rate increases, and therefore output falls.
D) The change in the number of jobs and the change in the number of people employed are equal.
Textbook 
Principles of Macroeconomics

Principles of Macroeconomics


Edition: 11th
Authors:
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JesslynJesslyn
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NYC Author
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#2
8 years ago
Good answer, thanks.
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