Author Question: The more generous the amount of unemployment benefits, the A) lower the opportunity cost of job ... (Read 118 times)

Mollykgkg · **on:** Jun 29, 2018

The more generous the amount of unemployment benefits, the

A) lower the opportunity cost of job search.
B) shorter the time spent searching for a suitable job and the higher the opportunity cost of being unemployed.
C) shorter the time spent searching until accepting a suitable job.
D) higher the opportunity cost of job search.
E) lower the natural unemployment rate.

Question 2

Job search is defined as

A) equivalent to job rationing.
B) being paid an efficiency wage.
C) the activity of looking for an acceptable, vacant job.
D) attending school to increase your employability.
E) saying you are looking for a job when you are actually not looking.