Author Question: During the early 1990s, companies started laying off people and, as a result, there was a permanent ... (Read 39 times)

lidoalex · **on:** May 25, 2020

Question 1

In recessions, the number of disheartened workers ________ and this ________ the unemployment rate.
◦ increases; increases
◦ increases; reduces
◦ falls; reduces
◦ falls; increases

Question 2

During the early 1990s, companies started laying off people and, as a result, there was a permanent reduction in the number of middle management positions. This change in the way businesses operate would have
◦ decreased the equilibrium level of unemployment.
◦ not affected the equilibrium level of unemployment.
◦ increased the equilibrium level of unemployment.
◦ an unpredictable effect on the equilibrium level of unemployment.

s.meritte · **Reply #1 on:** May 25, 2020

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