The job finding rate is defined as
A) the probability that someone who has been unemployed for over a year will find a job in the next month.
B) the probability that someone who is not in the labor force will enter the labor force in the next month.
C) the probability that someone who is employed will change jobs in the next month.
D) the probability that someone who is unemployed will find a job in the next month.
D
Economics
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Because of product differentiation, a monopolistically competitive firm: a. possesses some degree of market power
b. is very similar to a perfectly competitive firm. c. faces a perfectly elastic demand curve. d. is unaffected by the elasticity of demand.
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Services can be thought of as
A) unvalued goods. B) unwanted goods. C) free goods. D) intangible goods.
Economics