Mathematics, 15.04.2020 01:09 victoriapellam04
If the fraction of employed workers who lose their jobs each month (the rate of job separations) is 0.01 and the fraction of the unemployed who find a job each month is 0.09 (the rate of job findings), then the natural rate of unemployment is:
A. 1 percent.
B. 9 percent.
C. 10 percent.
D. about 11 percent.
Answers: 2
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If the fraction of employed workers who lose their jobs each month (the rate of job separations) is...
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