Business
Business, 15.10.2020 07:01, babydani11

Discuss briefly how each of the following changes would affect the natural rate of unemployment. a. Schools operate for the full year, so no students are looking for summer work.
b. The Internet lists all the jobs available in the whole country, so it is easier for job seekers to locate potential jobs.
c. People who quit their jobs are drafted into low-wage community-service jobs.
d. In addition to unemployment insurance, the unemployed receive a bonus for finding new jobs; the bonus is greater if the job is found in the first few weeks of search and declines with the duration of search.

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Discuss briefly how each of the following changes would affect the natural rate of unemployment. a....

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