unemployment equilibrium - meaning and definition. What is unemployment equilibrium
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What (who) is unemployment equilibrium - definition

ECONOMIC EQUILIBRIUM CONCEPT
Walrasian equilibrium; Competitive Equilibrium

unemployment benefit         
  • Leaflet promoting the [[National Insurance Act 1911]]
  • Unemployment rate by county from January 1990 – March 2017
PAYMENTS MADE BY AUTHORIZED BODIES TO UNEMPLOYED PEOPLE
Unemployment insurance; Employment insurance; Employment Insurance; Unemployment Insurance; The dole; Unemployment compensation; Unemployment system; Unemployment benefit; Unemployment Benefit; Unemployment allowance; Employment insurance (Canada)
(unemployment benefits)
Unemployment benefit is money that some people receive from the state when they do not have a job and are unable to find one.
In 1986 more than three million were receiving unemployment benefit...
N-UNCOUNT: also N in pl
unemployment insurance         
  • Leaflet promoting the [[National Insurance Act 1911]]
  • Unemployment rate by county from January 1990 – March 2017
PAYMENTS MADE BY AUTHORIZED BODIES TO UNEMPLOYED PEOPLE
Unemployment insurance; Employment insurance; Employment Insurance; Unemployment Insurance; The dole; Unemployment compensation; Unemployment system; Unemployment benefit; Unemployment Benefit; Unemployment allowance; Employment insurance (Canada)
unemployment compensation         
  • Leaflet promoting the [[National Insurance Act 1911]]
  • Unemployment rate by county from January 1990 – March 2017
PAYMENTS MADE BY AUTHORIZED BODIES TO UNEMPLOYED PEOPLE
Unemployment insurance; Employment insurance; Employment Insurance; Unemployment Insurance; The dole; Unemployment compensation; Unemployment system; Unemployment benefit; Unemployment Benefit; Unemployment allowance; Employment insurance (Canada)
n.
1) to pay unemployment compensation
2) to draw, get, receive unemployment compensation
3) to be on unemployment compensation
4) to go on unemployment compensation
5) to apply for unemployment compensation

Wikipedia

Competitive equilibrium

Competitive equilibrium (also called: Walrasian equilibrium) is a concept of economic equilibrium, introduced by Kenneth Arrow and Gérard Debreu in 1951, appropriate for the analysis of commodity markets with flexible prices and many traders, and serving as the benchmark of efficiency in economic analysis. It relies crucially on the assumption of a competitive environment where each trader decides upon a quantity that is so small compared to the total quantity traded in the market that their individual transactions have no influence on the prices. Competitive markets are an ideal standard by which other market structures are evaluated.