Which of the following reduces the duration of frictional unemployment?

A. retraining unemployed workers to equip them with new skills
B. subsidizing firms that are willing to train new entrants in the labor market
C. establishing employment agencies which give out information about job vacancies
D. cestablishing labor unions which will protect workers from being laid off.

Ans: C. establishing employment agencies which give out information about job vacancies

Economics

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Suppose that the government increases a tax paid by employers for hiring workers (for example, Social Security). What are the likely effects on real wages, output and employment? What are the likely magnitudes of these effects?

What will be an ideal response?

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Commercial paper has a minimum maturity of

A) one day. B) seven days. C) 30 days. D) 270 days.

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