Decreases in the duration of unemployment will
A)cause the unemployment rate to increase.
B)not affect the unemployment rate.
C)increase the number of discouraged workers.
D)decrease the unemployment rate.

Question

Quizplus · Accepted Answer

Decreases in the duration of unemployment mean that people are finding jobs more quickly, leading to a decrease in the number of people who are unemployed. This will ultimately lead to a decrease in the unemployment rate.

Decreases in the Duration of Unemployment Will