An unemployment insurance program has which of the following effects?
A) It increases the amount of time spent searching for a job.
B) It decreases the amount of personal income of the unemployed.
C) It contributes to the severity of a recession or economic downturn.
D) It lowers the overall unemployment rate.
A
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The market for widgets is divided as follows: Wally's Widgets has 45 percent of the market; Willy's Widgets has 22 percent of the market; Woody's Widgets has 10 percent of the market; and Wanda's Widgets has 8 percent of the market. The other 542 firms in the widget industry have the remaining 15 percent of the market. How would you describe the widget market?
The compound growth rate formula is used to estimate how long it will take for a number to double for a given growth rate
a. True b. False Indicate whether the statement is true or false