Refer to the information provided in Figure 30.2 below to answer ...

[@Brianna17]

Question 1

When output increases by 1%, the unemployment rate does not tend to fall by 1% in the short run because

◦ a firm is likely to meet some of the increase in output by increasing the number of hours worked per job.
◦ the number of people who become employed is less than the number of new jobs created.
◦ as output increases, the size of the labor force increases.
◦ All of these.

Question 2

Refer to the information provided in Figure 30.2 below to answer the question(s) that follow.





Refer to Figure 30.2. Between times 
t
₃ and 
t
₄, labor is

◦ more productive because growth in employment exceeds growth in output.
◦ more productive because growth in employment is less than growth in output.
◦ less productive because growth in employment exceeds growth in output.
◦ less productive because growth in employment is less than growth in output.

[emily12345]

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Only 49% of students answer this correctly

[Cooldude101]

Question 1

Refer to the information provided in Figure 30.2 below to answer the question(s) that follow.





Refer to Figure 30.2. Labor productivity at time 
t
₃ is

◦ larger than labor productivity at time 
t
₁.
◦ less than labor productivity at time 
t
₄.
◦ larger than labor productivity at time 
t
₂.
◦ larger than labor productivity at time 
t
₂, but less than labor productivity at time 
t
₄.

Question 2

Refer to the information provided in Figure 30.2 below to answer the question(s) that follow.





Refer to Figure 30.2. Labor productivity at time 
t
₂ is

◦ larger than labor productivity at time 
t
₁.
◦ less than labor productivity at time 
t
₄.
◦ less than labor productivity at time 
t
₃.
◦ larger than labor productivity at time 
t
₁, but less than labor productivity at time 
t
₃.

[frejo]

Answer 1

less than labor productivity at time 
t
₄.

Answer 2

larger than labor productivity at time 
t
₁.

[Cooldude101]

Thanks

[frejo]

Welcome

[Tazate]

Question 1

Refer to the information provided in Figure 30.2 below to answer the question(s) that follow.





Refer to Figure 30.2. Between times ________, labor is more productive because growth in employment is less than growth in output.

◦ t
₁ and
 t
₃
◦ t
₂ and 
t
₃
◦ t
₃ and 
t
₄
◦ None of these

Question 2

Refer to the information provided in Figure 30.2 below to answer the question(s) that follow.





Refer to Figure 30.2. Labor productivity at time
 t
₂ is

◦ larger than labor productivity at time
 t
₃.
◦ less than labor productivity at time 
t
₃.
◦ less than labor productivity at time 
t
₁.
◦ less than labor productivity at time
 t
₄, but larger than labor productivity at time 
t
₃.

[paavo]

Answer 1

t
₃ and 
t
₄

Answer 2

larger than labor productivity at time
 t
₃.