Question: How will the following changes affect the natural rate of unemployment? a. The government reduces the time during which a worker can receive employment insurance.

How will the following changes affect the natural rate of unemployment?

a. The government reduces the time during which a worker can receive employment insurance.

b. More teenagers focus on their studies and do not look for jobs until after college or university.

c. Greater access to the Internet leads both potential employers and potential employees to use the Internet to list and find jobs.

d. Union membership declines.

Step by Step Solution

3.31 Rating (172 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

a If the government reduces the time during which an unemployed worker can obt... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Macroeconomics Principles Questions!