Evidence shows that many people who delay searching for a job for a year or longer after they are laid off
A) find that they have little to no chance to find new employment after being unemployed for so long.
B) find it easier to find new employment than if they had searched for a new job soon after they were laid off.
C) find that the extra unemployment benefits they receive during their extended period of unemployment more than make up for the difficulty in finding a job once they decide to re-enter the workforce.
D) find it more difficult to find new employment than if they had searched for a new job soon after they were laid off.
D
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Which of the following people would be counted as employed?
a. A retired naval officer b. A high school student c. A stay-at-home father d. A teenager who has given up looking for work after a year of trying e. A ski instructor who is working during the summer
According to John Taylor (for whom the Taylor rule is named), during the period 2002-early 2006 actual Fed policy was "too_________" , which he believes led to both interest rates being "too ________" and rising housing prices in the United States
A) contractionary; high B) contractionary; low C) expansionary; low D) expansionary; high