The duration of unemployment tends to rise when
A) business activity goes into a downturn.
B) business activity starts back up after a long period of decline.
C) people leave their jobs rather than lose their jobs.
D) the number of entrants exceeds the number of reentrants.
A
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According to the text, the portion of total U.S. national income spent on health care was about ________ in 2015 as opposed to about ________ in 1965
A) 34 percent; 17 percent B) 17 percent; 34 percent C) 6 percent; 17 percent D) 17 percent; 6 percent
Which of the following programs is likely to increase the long run growth rate in US real GDP per person?
a. A program designed to give money to poor people with no strings attached. b. A program to bailout unsuccessful companies. c. A more efficiently designed patent system. d. Items a, b, and c will all increase the long run growth rate in the US. e. Items a and c will increase long run growth rates in the US, but item b will not.