Business
Business, 28.12.2019 04:31, katii54feliz

If the steady-state unemployment rate for an economy is 5%, and each period 2% of employed workers lose their jobs, what percent of unemployed workers find employment each period?

a. 8%
b. 18%
c. 28%
d. 38%
e. 48%

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Answers: 2

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