Posted by
**Anonymous** on
.

Please help:

If the rate of separation is 0.02 and the rate of job finding is 0.08 but the current unemployment rate is 0.10, then the current unemployment rate is __ the equilibrium rate, and in the next period it will move __ the equilibrium rate.

a) above; toward

b) above; away from

c) below; toward

d) below; away from

THANKS