Question

Evaluate the following statement as true or false and explain: "Periods of higher unemployment are associated with much lower proportions of unemployed workers finding jobs"

Answer 1

This statement is "true" because the employed workers who were looking of better job opportunities, left their previous work. And it has cause an increment in the rate of unemployment. So we can say that the periods of higher unemployment are associated with much lower proportions of unemployed workers finding jobs.
High unemployment indicates the economy is working below full capacity and is ineffective and this cause the lower output and incomes.Unemployed workes who are looking for new job opportunities have minor part in the periods of higher unemployment.