________ unemployment is short term, but ________ unemployment can last for longer periods because workers need time to acquire new skills
A) Cyclical; frictional
B) Structural; seasonal
C) Seasonal; frictional
D) Frictional; structural
D
You might also like to view...
Refer to the figure below. In response to gradually falling inflation, this economy will eventually move from its short-run equilibrium to its long-run equilibrium. Graphically, this would be seen as 
A. long-run aggregate supply shifting leftward B. Short-run aggregate supply shifting upward C. Short-run aggregate supply shifting downward D. Aggregate demand shifting leftward
The amount that producers receive for a good minus their costs of producing it equals
a. quantity supplied. b. supply price. c. deadweight loss. d. producer surplus.
Before 1970 the United States generally had a trade ________ and since 1970 the United States has generally run a trade ________.
A. deficit; deficit B. deficit; surplus C. surplus; deficit D. surplus; surplus
The above graph shows the demand and cost conditions facing a price-setting firm. When output is 50 units, what will happen to total revenue if the firm sells another unit of output?
A. Total revenue will increase $9.00. B. Total revenue will increase $11.00. C. Total revenue will increase $6.00. D. Total revenue will increase $13.50. E. none of the above