In general, the duration of job search will be shorter if
A. less job-market information is available.
B. it is more costly to obtain job-search information.
C. there are fewer employment agencies.
D. unemployment compensation benefits decrease.
Ans: D. unemployment compensation benefits decrease.
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Which of the following is not related to adverse selection in insurance markets?
a. An insurance company has no way of distinguishing among applicants b. An insurance company must charge a higher price to applicants who are good health risks c. The price of insurance is attractive to poor health risks, but not to good ones d. The insured group becomes less healthy on average e. Because of the relative unhealthiness of the insured group, rates must rise
What is the index of leading indicators, and what is it used for?