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Mankiw 5e Chapter 6
If the rate of unemployment is neither rising nor falling, then the number of people
finding jobs must equal the number of people
A. unemployed.
B. losing or leaving jobs.
C. looking for jobs.
D. leaving the labor force.
1 out of 1
Correct. The answer is B. The number of people leaving jobs must equal
the number of people finding jobs for the rate of unemployment to be
constant. See Section 6-1.
If the rate of job finding rises, the natural rate of unemployment will
A. remain constant.
B. increase.
C. decrease.
D. rise or decl
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