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johnpaul92 johnpaul92
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Posts: 2600
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8 years ago
Labor hoarding occurs when
A) the unemployment rate exceeds the natural rate of unemployment.
B) firms keep good workers so other firms can't hire them.
C) involuntary unemployment exceeds voluntary unemployment.
D) because of hiring and firing costs, firms retain workers in a recession that they would otherwise lay off.
Textbook 
Macroeconomics

Macroeconomics


Edition: 8th
Authors:
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supamansupaman
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8 years ago
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johnpaul92 Author
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8 years ago
Appreciate your help, thank you again
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