Empirical evidence suggests that, when unemployment benefits run out, the probability that an unemployed person will find a job
A) remains constant.
B) goes down by 20 percent.
C) about doubles.
D) about triples.
C
Economics
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Maryanne expects to work for another 30 years and expects to live another 10 years after she retires. If Maryanne completely smooths consumption over her lifetime, for every $1,000 increase in wealth, she will use ________ for consumption each year
A) $10.00 B) $25.00 C) $100 D) $333
Economics
Since 1929, the distribution of money income in the United States has
A) become slightly more unequal. B) not dramatically changed. C) become more equal. D) shifted toward the poorer 20 percent away from the richer 20 percent.
Economics