As the unemployment rate falls,
A) the proportion of the unemployed finding a job increases.
B) the separation rate increases.
C) the young and unskilled experience larger-than-average decreases in unemployment.
D) both A and C.
E) all of the above
D
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Listed in the above table are the total revenues for the firms in two different industries. Each industry has only eleven firms. Find the four-firm concentration ratio and the Herfindahl-Hirschman Index for each industry
What will be an ideal response?
Consumption goods
A. are only the goods bought by households for immediate satisfaction. B. include spending on machines and buildings so that goods can be produced in the future. C. are goods that are used to make other goods. D. include items that a supermarket holds in inventory.