The probability that an employed worker will lose his or her job in the next month is known as
A) the unemployment rate.
B) the job finding rate.
C) the underemployment rate.
D) the job loss rate.
D
Economics
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Define the shutdown point. Explain why the firm shuts down in the short run if the price falls below this point
What will be an ideal response?
Economics
Average labor productivity is computed as the
A) ratio of industrial production to the employment rate. B) ratio of real output in manufacturing to the level of real GDP. C) ratio of real GDP to the unemployment rate. D) ratio of real GDP to the level of employment.
Economics