Data for 1997- 2012 on labour- force flows in Australia show that:
A) the average duration of unemployment is about 2 years.
B) in any given month, almost none of the unemployed gets jobs.
C) the average duration of unemployment is about 2 months.
D) in any given month, almost all of the unemployed gets jobs.
E) the average duration of unemployment is about 2 weeks.
Correct Answer:
Verified
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