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(Solution document) Which of the following statements is correct?


Which of the following statements is correct?

A)

Technological advances always lead to the permanent displacement of workers.

B)

In a growing and dynamic economy, jobs are constantly being destroyed and created.

C)

Without unemployment insurance, the average duration of unemployment would likely be longer.

D)

If there is a balance between demand and supply in the labor market, frictional employment must equal zero.

 







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