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19-06-2024
Business

Answered

If the economy has reached a steady- state level of unemployment then which of following is not true?
A. The rate of job finding and the rate of job separation are the same
B. The Unemployment rate is constant
C. The Unemployment rate is given by the fraction of the labor force that is unemployed
D. The number of unemployed who find jobs equals the number of employed who become separated from their jobs.

Answer :

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